KunalGaur10

Symmetrical Triangle for a Long position

شراء
FX:USDCAD   دولار أمريكي / دولار كندي
USDCAD opened with Lower high and gave a big bearish candle on first day of the week, I was looking at different time frames and saw a symmetrical pattern on the one minute time frame (Using 15 minute to publish, analysis on 1 minute time frame), though I do not recommend using the one minute time frame at the opening but it was a sure bullish move that was coming.

Took the trade with a small stop loss and TP at the size of the length of the triangle base, just above the slope of lower high and made a small profit to start the week.

Where is USD moving in the coming week, what are the different factors that will effect its move?

comment and share your experience.!!

Cheers
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