JigneshDavda

Potential Bull Flag USDCAD

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD could potentially be forming a bull flag . The area between 1.2970-1.3000 is important support for the pair on a weekly chart.

Looking for an upside break of the bull flag pattern for confirmation to position. If the psychological 1.3000 handle offers some resistance on an upside break, a pullback to around 1.2990 might offer a good entry point for a favorable risk to reward long position.

Comments

I find UC interesting as well, my view
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