TheAnonymousBanker

[USDCAD] DOUBLE BOTTOM PATTERN? (updates setup)

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Good morning Traders !!
Well, our setup (see chart below) seems to work correctly and from a technical point of view, the pair has formed something like DOUBLE BOTTOM pattern, and on 4H chart we show potential TARGETabout this model, but at the same time, as shown in the chart below, our TARGET is much higher, so we will hold the position.

OUR BULLISH SETUP
(Click and Play on chart below)

Behind a "simple setup" there is a long and hard work done with passion .... thanks for your support & your Likes!
If you continue to support us, we will post new updates in the section below.

Trade with care!
Comment:
In our EW ANALYSIS we have shown some TARGETs, so now the only thing to do is understand how the price could reach them. Said that, the pair could develop something like a "3D PATTERN" before triggering some pullbacks.... it's only an idea :)

- 3D PATTERN CHART

- EW ANALYSIS
(click & play on chart)
Trade closed: target reached:
TARGET DOUBLE BOTTOM completed!

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By Anonymous Banker
A TradingView Fan since 2015
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