Double Bottom Pattern in USD/CAD
As you can see, a double bottom pattern has formed in the USD/CAD currency pair, presenting a valuable trading opportunity. 📈
Given the current trend's weakness and the fact that we are in the 61.8% Fibonacci retracement area of the previous larger move, this setup looks promising. 📉
A move beyond the pattern's target range would signify a complete trend reversal and a retest of the main daily resistance. 🚀
💡 Don't miss out on this potential trade! Like, comment, and share your thoughts below.
#USD #CAD #Forex #Tradecitypro #TCP #DoubleBottom #Fibonacci #TrendReversal
Given the current trend's weakness and the fact that we are in the 61.8% Fibonacci retracement area of the previous larger move, this setup looks promising. 📉
A move beyond the pattern's target range would signify a complete trend reversal and a retest of the main daily resistance. 🚀
💡 Don't miss out on this potential trade! Like, comment, and share your thoughts below.
#USD #CAD #Forex #Tradecitypro #TCP #DoubleBottom #Fibonacci #TrendReversal
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.