Bullish Breakout of Symmetrical Triangle on USDCAD

٢٦ يونيو ٢٠١٦

This is a very simple Symmetrical Triangle continuation pattern. Wait for prices to push out of the triangle, then wait for prices to bounce of the 0.618 level noted by the lower horizontal line. The Take Profit should be the level noted as it is the 0.618 retracement of the early 2016 high to the May low.