USDCAD, 4hr timeframe, wolfe wave / falling wedge breakout
Hell my friends,
Today there is a nice setup on USDCAD which took my interest.
It is forming a wolfe wave pattern / falling wedge pattern, both are bullish reversal pattern.
I am buying USDCAD as it is now retesting broken resistance.
Buy USDCAD 1.3175
Stop loss 1.3120
Take profit 1 @1.3230
Take profit 2 @1.3285
Use proper risk management
Only risk 1-2% of your equity
Good Luck
Today there is a nice setup on USDCAD which took my interest.
It is forming a wolfe wave pattern / falling wedge pattern, both are bullish reversal pattern.
I am buying USDCAD as it is now retesting broken resistance.
Buy USDCAD 1.3175
Stop loss 1.3120
Take profit 1 @1.3230
Take profit 2 @1.3285
Use proper risk management
Only risk 1-2% of your equity
Good Luck