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WicktatorFX
Mar 15, 2021 1:27 PM

USDCAD - Ending Diagonal Scenario - LONG 

U.S. Dollar/Canadian DollarFXCM

Description

We maybe seeing an ending diagonal pattern here with a double bottom reversal pattern, indicating towards a bullish breakout. Confirmation would be a break of the trendline and zone and a retest. Will be keeping a close eye on this pair this week to see if we can get an entry.

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Comments
loudon3
Today, Monday 15th, we're getting a good bounce off the low, which is confluent with Weekly support around that level. Let's see how it develops.
zuchithung81
No bouncing yet though its past the point. Any ideas.
AhmadRafizi
Nice one, could be a spring of dollar buying
evansggt
Great chart - Thank you.
Over-leveraged
Wicktator Thank you, you seem to be the only one that keeps it simple and straightforward! Your analysis is very helpful sir!
zuchithung81
Renounce isn't ter though it has gone down below 1.2400. Something else maybe in the charts.
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