USD/CAD - Bullish Pennant - High Probability of Upside Movement

Spotted a Bullish Pennant on USD/CAD. Price is at a resistance area but the bulls look like they are gaining some momentum by passing previous resistance. I think there will be a high chance of breakout to the upside soon. Risk to reward ratio at a two; adjust take profits along the way. I'm rooting for the bulls on this one folks. Good luck.

تعليق:

I made this analysis quick and simple; understand the chart and you'll understand what I see.