USDCAD was trading in falling wedge pattern for a very long time now it has broke-out from that pattern on the upside, so might see a new trend in USDCAD . We can see consolidation or small price correction for a shorter time and then a new long trend. One can initiate the trade after small price correction towards the falling wedge resistance line.
If You Like Idea Please Do Follow/Like/Comment For More such Idea.
Note – Trade With Proper Risk Management System.
Thanks
Vivek
have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.
