cup and handle pattern USDCAD

Here we can see a cup and handle chart pattern, 1 starting from low
2 follow the cross 3 create a descending channel at the end before (4) breaking the resistance.

Commentaire:

If the price break and pull back on the 1.38812 I will take a buy position for the next resistance.

Trade fermée: cible de profit atteinte:

I took my profit at 1.38080