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Faibik
Aug 25, 2020 1:31 PM

USDCAD | Falling Wedge & Bullish Divergence..!! Long

U.S. Dollar/Canadian DollarFXCM

Description

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#USDCAD (Update)


In Daily Timeframe, USDCAD Has been forming Descending/Falling Wedge Pattern. (Bullish Pattern)

It's Been Downtrend Since 19th March Top, Now, In Case of Reversal, Expecting Upside Wedge Breakout. 📈

Major Support (1.33) Again turned into Major Resistance..

In Higher Timeframe (Weekly), RSI Printing Bullish Divergence (Bullish Sign)

+500 PIPs Bullish Movement Expecting If Wedge Upside Happen in Coming DAYS..!!



Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!

Thanks for Your Love & Support..!!
Comments
mamun.hera
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Thanks
Faibik
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@mamun.hera Most welcome
Brain_haddin
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Good job
Faibik
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@Brain_haddin Thanks for appreciation and support
Gorge_patison
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Nice idea
Faibik
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@Gorge_patison Thank You
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