Scenario on USDCAD

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On this chart, a triangle has formed, which is also part of a larger, larger expanding triangle from the daily timeframe perspective, and all of this is happening near the resistance at the price level of 1.41. In my opinion, the market will try to test this level again. If the price is rejected during this session, I can take it as the conclusion of the entire formation and I will then wait for a potential setup to enter a short.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.