Cup and Handle?
Hi, traders!
USD/CAD formed a pattern which kinda resembles a cup and handle (I don't know if I can call it a cup and handle , please correct me if I'm wrong :D), and on the monthly time frame I see a double bottom , therefore I'm hoping for the continuation of the bullish movement. I'll wait for a retest at the 4h timeframe before entering a long position.
What do you think of my analysis?
As always, I'll be happy for any feedback :)
Wish y'all a nice weekend!
USD/CAD formed a pattern which kinda resembles a cup and handle (I don't know if I can call it a cup and handle , please correct me if I'm wrong :D), and on the monthly time frame I see a double bottom , therefore I'm hoping for the continuation of the bullish movement. I'll wait for a retest at the 4h timeframe before entering a long position.
What do you think of my analysis?
As always, I'll be happy for any feedback :)
Wish y'all a nice weekend!
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.