Cup and handle pattern at the end of the ascending channel!?!?!
If the price manages to maintain the range of 0.000000000011447$ , it can have an upward movement to higher levels.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The way I told you, you have to trade like this and you will...
The triangle discussed in my previous post is being tested. If BTC cannot hold $19k for the next 3 hours, we will be stepping down. The next retest is as per chart around $18700 and if that doesn't hold, $18500. For worst case, drag your curser over to the blue anchor on the bottom line of the yellow cannel.
Remember that this is not financial advise, I am simply...
Pretty solid channel forming on USDCAD, price is currently approaching top of channel shown. Recommended move is to place sell stop 10-20 pips below current price and wait. Should be able to have a large risk/reward ratio.
