CobraVanguard

USD/CAD Situation & Targets!

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello every one
U.S. Dollar / Canadian Dollar


USD/CAD has Been In a Big Ascending Triangle! This Means The Price can Increase as much as The Measured Price movement (AB=CD) But That's Not The Only case Here! We can See a Crab Pattern on The chart as well! (Ex ret is 1.618 so it is Reliable). The Crab Pattern & triangle Both Suggest a Break out Soon & a Target around 1.3350!

Summery:
-USD/CAD is in a Ascending Triangle & Crab Pattern
-Both Suggest a Break out is Gonna Happen Soon!
-Target is around 1.3350!


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