ZLAPPED

Triangle Setup for potentially Long

Alış
FX_IDC:USDCAD   ABD Doları / Kanada Doları
4
The triangle is almost complete before it's expansive move. On the larger daily timeframe, USDCAD has almost reached 61.8% on Fibonacci retracement measuring by 1.46914 (100%) & 1.24644 (0%). By not reaching 61.8% level yet, could show that there is still interest for the upside. On the 1hr timeframe, shows the tightening of the triangle & the red arrow illustrates the price crossing the key trend line. The two red horizontal lines are the key levels. I think, if it passes one of the levels, it's the indication of the side where it will break. Now is pretty good entry time with a tight Stoploss due to low volatility. Good luck everyone!
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.