gpuri

USDCAD ABCD pattern formation towards 1.1700 handle

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is forming an ABCD pattern towards 1.1700 handle with a confluence of a cup formation and structure. If this setup holds it is 260 pips trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.