USDCAD > Descending Triangle Pattern

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Analysis of #USDCAD

Hello friends,

Here we have a descending triangle pattern, might break soon, for me, there is two way to trade those pattern,

1-trade the inside of the pattern expecting a breakout and this my favorite as it produces a huge RR usually

2-trade the breakout after confirmation, this a more conservative way and produces small RR


let me know in the comment what pair you want to see the analysis for in my next free analysis

Safe trading everyone

Check today analysis below⠀

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-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you