USDCAD is trading in a descending triangle pattern. It is trading for a very long in pattern soon we can see a breakout of triangle pattern on the downside. One can initiate a short position on USDCAD on breakout by keeping stop loss according to the Risk Management System.

Note – Trade With Proper Risk Management System

 
Thanks

Vivek_Samale

Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.