ForexGoldenBoy

Triangle breakout pattern

Long
ForexGoldenBoy Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar

No more sellers, the triangle has broken
=
According to theory, this is a buying pattern
+
And it happens to coincide with the RSI divergence.

Personally: I'm going long on the pair. Theory says there are a few pips to be had...
Comment:
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.