hey guys,
on dollar cad the market is approaching a market low.
I anticipate seeing a strong pullback from this zone of support.
we also see a completed bullish bat pattern,
now I am waiting for a confirmation signal to enter the trade.
on 1h chart we have a falling parallel channel!
bullish breakout of it will be a good confirmation signal to buy the market.
the initial target will be around 1.504
good luck!
Note
bull breakoutNote
going upNote
close to the first targetNote
stop to breakeven
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.