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FX618Analysis

Excellent CUP & HANDLE Reversal Pattern on LOONIE

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Dólar Americano/Dólar Canadense (FX:USDCAD)  
FX618Analysis  
FX:USDCAD   Dólar Americano/Dólar Canadense
Trend Analysis Chart Patterns Technical Indicators USDCAD LONG swingtrade loonie Exponential Moving Average (EMA) Support and Resistance pivot
4
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trendanalysis chartpattern indicator usdcad long swingtrade loonie ema supportandresistance pivot
Its a good pattern that has developed on this pair. To be able to trade this with certain confirmation, we need the daily and 4H candle to close above 1.25000 resistance. After this a LONG trade can be taken to target 1.26500 Monthly R1 pivot.

THIS JUST REPRESENTS MY ANALYSIS ON THIS PAIR AND ITS NOT A TRADE SIGNAL. I HAVE MANY PAIRS THAT I MONITOR AND ALL OF MY TRADES ARE ON W, D , 4H TIMEFRAME (SWING TRADES). ITS NOT POSSIBLE TO POST ALL OF MY ANALYSIS HERE, HOWEVER I POST TRADE SIGNALS WHEN THE CRITERIA IS MET ON THE FX PAIRS I MONITOR. FOLLOW & LIKE TO RECEIVE FREE FX SWING TRADE SIGNALS CHEERS.

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