TradingView
UnknownUnicorn5293721
Aug 26, 2019 7:34 AM

USD/CAD Analytics 

USD/CADOANDA

Description

Hello Traders!
As you can see on USD/CAD chart is a possible uptrend. The triangle pattern formation is a sign of the price consolidation, now we wait for a breakout on this triangle. there are 2 possibilities: - an uptrend breakout, on this breakout we will look for a buy after the breakout it's done and we have the retest and confirmation of the new support zone
- an downtrend breakout, on this breakout we will look for a sell after the breakout it's done and we have the retest and confirmation done on the new resistance zone.

Stay tuned for more! Regards RoTradeAlerts!
More