HeriPardi

USD/CAD, Breaking the triangle pattern

Long
HeriPardi Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
On the daily time frame we can see that the price is breaking the triangle pattern with a pretty big bullish candlestick.
Going long, entry price at the nearest resistance level, setting the stop loss below the previous swing low.
Lets wait how it turned out.

Better Trader.
Trade closed: stop reached:
Instead of breaking the triangle, it breaks some of my capital, Lol
Never expect anything from the market, the market never owes anyone anything.

Better Trader

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.