Symmetrical Triangle on USD/CAD @ D1

18 thg 11, 2023

This daily chart USD/CAD formation resembles a symmetrical triangle pattern. It can be used for a trend continuation breakout setup. My potential entry is marked with the cyan line, which is located at 10% of the triangle's base width above the upper border. My take-profit will be at the green line, which is located at 100% of the triangle's base width above the upper border. I will set my stop-loss to the triangle's lower corner (1.36292). Bearish breakouts from this formation are to be ignored.

25 thg 11, 2023

Đã hủy lệnh

Trade setup cancelled due to the pattern's invalidation.