2X UCAD 1D Tech. Analysis!

1 באוג׳ 2022Possible falling wedge reversal on USDCAD 4HR/1Day! We will WAIT PATIENTLY for this reversal. USDCAD is coming out of a bearish triangle (WEEKLY) with a fake brakout to the upside to test the (MONTHLY) OB @1.32000 area. It has broken the short-term bull trendline and seems to be creating a HEAD & SHOULDERS pattern on the DAILY! We will play the Right shoulder Buy formation, and then play the Sell of the Right shoulder going down!