Dollaro / Dollaro canadeseAggiornato

USDCAD on a symmetrical triangle 🦐

USDCAD on the daily chart is trading between the 1.33 and the 1.39 level.
The market is moving between 2 narrowing trendline in an accumulation phase.

This can be seen as a symmetrical triangle which is also know to the be a continuation pattern.

According to Plancton's strategy IF the price will break the upper trendline we can look for a nice long order according to the CPS strategy rules
Nota
istantanea testing the lower trendline
Nota
istantanea waiting for an higher move
Nota
istantanea looking for a 1st break of the structure
Nota
istantanea break above the 1st resistance
Nota
istantanea moving higher as expected

Declinazione di responsabilità