LegendaryStick
Long

Bullish Breakout of Symmetrical Triangle on USDCAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
This is a very simple Symmetrical Triangle continuation pattern. Wait for prices to push out of the triangle, then wait for prices to bounce of the 0.618 level noted by the lower horizontal line. The Take Profit should be the level noted as it is the 0.618 retracement of the early 2016 high to the May low.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out