UnknownUnicorn163516

Does anyone think that USDCAD could rise from current? Hmm...

FX:USDCAD   U.S. Dollar / Canadian Dollar
My previous long-term idea was based on a fact that triangle could be broken down. Looks like there is good dynamics on it. However, we could see that a pullback has lost a dynamics so I do think that my previous idea is under a huge risk now. So I have tried to make an alternative forecast and see what could happens if USDCAD doesn't fall more.

Attention. It is not a setup or forecast. So, I really don't recommend anyone to trade based on it. Because I still believe that pullback can completes soon and price could falls further. Use this only as additional education analysis of how Channels, Harmonic and Double Top are working together.
Order cancelled:
Looks to be invalid.
Trade active
Order cancelled:
sorry. looks to be invalid.
Trade active:
If pair makes breakthrough of 1.33 upside... I long it.
Order cancelled:
Is it right time to try to short a pair again?
Order cancelled:
The dangerous asset. A rigorous risk management is mandatory.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.