Cup and Handle?
Hi, traders!
USD/CAD formed a pattern which kinda resembles a cup and handle (I don't know if I can call it a cup and handle , please correct me if I'm wrong :D), and on the monthly time frame I see a double bottom , therefore I'm hoping for the continuation of the bullish movement. I'll wait for a retest at the 4h timeframe before entering a long position.
What do you think of my analysis?
As always, I'll be happy for any feedback :)
Wish y'all a nice weekend!
USD/CAD formed a pattern which kinda resembles a cup and handle (I don't know if I can call it a cup and handle , please correct me if I'm wrong :D), and on the monthly time frame I see a double bottom , therefore I'm hoping for the continuation of the bullish movement. I'll wait for a retest at the 4h timeframe before entering a long position.
What do you think of my analysis?
As always, I'll be happy for any feedback :)
Wish y'all a nice weekend!
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.