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pacifiedRice75213

cup and handle pattern USDCAD

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
pacifiedRice75213 Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Fundamental Analysis USDCAD
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trendanalysis chartpattern fundamental usdcad
Here we can see a cup and handle chart pattern, 1 starting from low
2 follow the cross 3 create a descending channel at the end before (4) breaking the resistance.
Comment:
If the price break and pull back on the 1.38812 I will take a buy position for the next resistance.
Trade closed: target reached:
I took my profit at 1.38080
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