USD/CAD Technical Analysis

Mis à jour
Using the range between 1.26 support and 1.27 resistance, price has formed a triangle pattern and broken and retested the descending trendline. Coming off of the 0.618 level of the fibo, I expect this pair to ride to the previous high and major resistance which is the 1.29 area again. I have put my sl beneath the 0.618 level but I do not believe it will break the previous low of 1.2610 before going to the target area.
Trade fermée manuellement
Price almost hit my TP closed manually on 1.2888
breakandretestChart PatternsdescendingtrendlinefinonaccirangeTrend Analysistrianglepatterns

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