Get started
U.S. Dollar / Canadian Dollar

USDCAD Breakout From Descending Triangle Pattern.

140
USDCAD has given a good downside breakout from long term descending triangle pattern, as shown in the chart. Now, it will move towards support 1 and if it breaks support 1, we may see the price moving towards support 2.

Note - Trade with the proper risk management system.

Thanks
Fx_Trader_ViSa
Chart PatternsdollareuroForexforexanalysisforexsignalforextradingHarmonic PatternsTrend AnalysisUSDCADusdcadanalysis

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.
Chart PatternsdollareuroForexforexanalysisforexsignalforextradingHarmonic PatternsTrend AnalysisUSDCADusdcadanalysis
Fx_Trader_ViSa

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.