CobraVanguard

USD/CAD is gonna increase, a lot!

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


USD/CAD has formed a big ascending triangle. This pattern is gonna increase the price of this instrument as much as the measured price movement (AB=CD).there are currently no break out yet so we must wait for it to happen. The next target and resistance sits around 1.33

Summary:
-USD/CAD Is in an ascending triangle.
-no break out yet.
-the price is gonna increase as much as the measured price movement (AB=CD)
-TARGET & Resistance around 1.33


💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck


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