potential abcd pattern and rising channel support

19 Mar 2019

hey traders,

dollar cad is still bearish,
and it seems that the market will continue to go lower.

on a daily timeframe we see that the market is very close to a support line of a rising channel.
on 4h chart we have a potential abcd pattern, completion point of this pattern matches with a channel's support.

I will be looking for buying opportunities around 1.32 zone.

I am not looking for a big winner, just a pullback trade!

good luck!