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georgethefirst

Chart Pattern

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
georgethefirst Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Chart Patterns Technical Indicators Wave Analysis patterns DJ FXCM Index buyopportunity cpidata canada
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chartpattern indicator waveanalysis patterns usdollar buyopportunity cpidata canada
USDCAD has a nice rectangle of sideways movement. After today, inflation came down in Canada, and the US dollar made some positive moves. Technical indicators are suggesting a buy moment. My first TP is 1.36. In the bigger move, the second TP is 1.38. If it breaks 1.39 and consolidates above 1.39, we will expect to continue the pattern to move to 1.44. USDCAD
Comment:
Today the first TP at 1.36 was hit! Was a 8 days open the trade but on the and the analysis and the waiting time was winner.

Good luck guys and trade safe!
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