RCP
Long

USDCAD: Big move is on the way

FX:USDCAD   U.S. Dollar/Canadian Dollar
Dear traders, FX:USDCAD             is moving between this big triangle recently, testing the edges.

Here is what I think: If price comes to the edge again we should see the bounce and rally up again like it did several times recently. Besides at the edge we have a confluence of strong structure support (look left) and fibs 78.6.
We have 2 potential targets, 1 @1.3250 and the second is the green area around the triangle edge with confluence of structure resist.
Lets see what the market does
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Related Ideas

TRDVMA PRO
a year ago
Good Catch. There are at least 5 more indications which support what you say. I will reveal them later on. Regards
Reply
RCP
a year ago
Thank you for the comment. Lets see what happens.
Reply
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