USDCAD formed an objective symmetrical triangle in purple
waiting for break either side to buy/sell this one
Scenario 1:
waiting for a momentum candle close above 1.4280 in red to buy
Scenario 2:
waiting for a momentum candle close below 1.4070 in blue to sell
#YHOO - YAHOO INC - LONG OPPORTUNITY - SHORT TERM
YAHOO INC LOOKS TO BE ON THE UP SHORT TERM, LONG OPPORTUNITY FINANCIALS SET TO LEAD THE WAY HOPING TO REACH AROUND 45.00 AREA
Usually it's difficult to trade Butterflies because by definition the pattern violates X. But in this case we have a nice support/resistance area at pattern completion to place our stops above.
