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Bullish butterfly formation on USDCAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
textbook bullish butterfly formation on USDCAD

-> Potential reversal zone on point D.
-> You may wait for the confirmation of reversal.
-> Stop loss is your friend.
-> Take profit depends on your risk appetite.

Comments

Great idea on usdcad, glad that we have the same bullish bias. Please take a look at our idea and let us know what you think!

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