USDCAD - Bullish Crab Long

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Feb 21, 2021 3:43 PM

A V bottom on the bullish deep crab pattern is nice, but with the bearish engulfing candle, the movement towards profits isn't certain. A break and close below 1.2593 would create challenges for the short term appreciation.