USD/CAD trading tips
Posted: Thu Aug 03, 2017 6:07 pm
On H1, USD/CAD is forming the “Dragon” pattern. Usually the dragon's head forms in the convergence area on the levels of the dragon’s head (1.2610-1.2635). If bulls fail to get above the resistance, risks of the “rising wedge” will increase.
SELL 1.2540
SL 1.2595
TP1 1.2420, TP2 1.2200