Breakout of Symmetrical triangle leading to development of a bullish triangle and ultimately to hit August 1998 highs around the end of 2015 or into 2016.
Comment:
2 and half months later, still doing its thing. Curious to see if the current uptrend of USDCAD bounces off the multi-year resistance or breaks through here in the pattern.
Trade active:
Pattern still on Target after 3 and a 1/2 Months. 🧐
Will it punch through the upper line? 👊
Will it punch through the upper line? 👊
Trade active:
A "W" continuation pattern is forming on the monthly targeting 2016 and 2020 highs of 1.46.