USD/CAD Bullish Pattern as the Pair Keeps Going Up

1 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

The USD/CAD is bullish. I have a long position at 1.2080 but the market should be going further up.

We see real bullish price as the cup with a handle has been formed. We should see a continuation of a long trade. Breakout above 1.2474 will mark the start of a continuation trade towards 78.6 and 88.6 levels. Targets are 1.2845 and 1.3065. My long position at 1.2080 is going great. The market is bullish.

The Analysis has been done with the Black Widow system.

Cheers and safe trading,

Nenad

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