FX:USDCAD   U.S. Dollar/Canadian Dollar
131 1 2
After the breakout through the triangle the rate has retraced 38,2 % and fell to the previous low again. Now we recovered the same percentage up again. This paved the way for the continued fall to the theoretical target of the breakout. I know that this is only theoretical but as long as the 1,23 intermediate high has not been taken again I prefer the downtrend.
motleifaul
2 years ago
Well done. Just took the profit.
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