USD/CAD STRUCTURE ANALYSIS
The pair is trading in a narrowing wedge, and is now at a horizontal support level.
At a closer inspection, a double bottom is clearly visible. So, once there is a breakout of the small diagonal resistance line, go long from a retracement.
Simple structure trade with decent risk reward and good success probability.
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Wish you all luck in your trading!
At a closer inspection, a double bottom is clearly visible. So, once there is a breakout of the small diagonal resistance line, go long from a retracement.
Simple structure trade with decent risk reward and good success probability.
Like and subscribe not to miss any updates!
Wish you all luck in your trading!
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✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
Penafian
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