PateSkpate
Long

USDCAD Ascending Triangle Breakout Daily

FX:USDCAD   U.S. Dollar/Canadian Dollar
USDCAD             has been consolidating on the HTF's since May of this year. It has formed an Ascending Triangle Pattern. These typically breakout to the upside. With Friday's close we have finally closed above the Triangle. We could be seeing a major recovery in USDCAD             if this pattern plays out as projected.

I will be looking for some aggressive long entries on the 60min and will try to ride them for as long as I can.

Related Ideas

I love the way you Trade Pate :)
+1 Reply
PateSkpate StarProsper
Thanks buddy!! Appreciate the kind words :)
Reply
This one may have some legs on it!
+2 Reply
PateSkpate Akil_Stokes
Yea it would be nice to get a pair like this back in trend!
+1 Reply
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