EvanJones
Short

USDCAD = Double top pattern

FX:USDCAD   U.S. Dollar / Canadian Dollar
50 1 6
The price action patterns seem to be on par today.

A nice double top pattern has formed. The trendline is a potential target for the price to retrace before the longer/bigger move out of the breakout of the trendline resumes.

Stops above the two double tops with a safe target for profit around 1.3095.

For more setups and information, either follow me on here or at http://www.ejfxtrading.com
As oil hit some lows today this consequently made USDCAD shoot upwards due to correlation. I was topped out for a small loss but my EURAUD worked a treat!
Reply
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