InvestingScope

USDCAD: Buy opportunity inside a Triangle.

Panjang
FX_IDC:USDCAD   Dolar A.S. / Dolar Kanada
USDCAD is stuck in between the 1D MA200 and 1D MA50, inside a Triangle pattern. The 1D timeframe is naturally neutral technically (RSI = 51.593, MACD = -0.003, ADX = 11.724) since the price is in the middle of the pattern and that recent rebound on the bottom of the Triangle is the last buy opportunity before it hits the top (LH trendline) again. We are long again, TP = 1.37545.

Prior idea:


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