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RaynLim

Trade Ideas Positions: USDCAD Triangle

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
RaynLim  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Triangle Trend Lines Candlestick Analysis askforex100 USDCAD sidewayconsolidation countertrend Bullish Bat
4
0
triangle trendline candlestick askforex100 usdcad sidewayconsolidation countertrend bullishbat
A sideways consolidation on the 4-hourly chart has revealed a breakout that is imminent. A prefer movement will be an indecision candle touching the upper trendline(blue) that gives a shorting opportunity.

Right after that, I will be waiting for a buying opportunity on the bullish bat level.

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