USDCAD | descending triangle is going to break

10 May 2020

• USD predication is anticipated to be bearish, and CAD has high yield
  
• crude oil is anticipated to be bullish
  
• the descending trendline was false broken for twice
  
• the last time confimed with strong engulfing reversal
  
• 50 SMA was false broken last time, this time seems for real
  
• descending triangle is reliable bearish pattern
  
• risk-reward ratio is decent