USD/CAD: LONG TRADE

Howdy! The daily frame showed an inverted hammer candlestick pattern. Support and resistance lines were placed on the most recent swing highs and swing lows. Moving on to the 4-hour frame, a trendline formed a descending triangle. The price did not break through the support line but through the trendline, and a retracement was made. I predicted that the trend would continue to go up. Thank you for taking a look!

Comentarios:

I just noticed that I used the wrong measurement tool, I used a sell instead of the buy but you got the idea :) Anyhow, I am stoked on the outcome, thank you for taking a look!