ClearEdgeFX

USDCAD 15M TRIANGLE WAITING TO BREAK

FX:USDCAD   U.S. Dollar/Canadian Dollar
31 0 3
Great triangle just formed on USDCAD             15M timeframe. A re-test around 1.2530 is a very likely scenario with a good RR ratio. The trendline is a little bit steep so I would be looking for a very clean break and a bullish candle to go long. Of course we could also see a move downward testing recent lows around 1.2415.
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