USDCAD is going down?

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Leinad Kerginsten
Leinad Kerginsten published an idea on USDCAD, H1
4 years ago

We've got a pennant formation here and as long as it stay as this or turn into flag which is possible, I expect this to go down after breaking 1.30575

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  • Igor Balan
    Igor Balan4 years ago

    I looks more like an ascending triangle than a pennant to me...

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  • Steve Sandblast
    Steve Sandblast4 years ago

    I thought that bullish triangle should be broken in a different direction.

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    • DCNNR
      DCNNR4 years ago

      Agree, but ascending triangle could be also a reversal pattern, so it was a good idea for long.

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