美元/加元
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USDCAD in Descending Triangle

101
Hi Traders,

Hope you all are doing good!

This is my idea about this pair, please do your own analysis before opening a position.
Please give comments or likes if you agree on the idea or if it is helpful.

The findings:

1) on Weekly Chart, the pair has already formed a double top and now going down slowly.
2) There is exhaustion gap visible before making the double top which is likely a case of trend reversal.
3) The pair is in descending triangle.

Conclusion: Pair most likely to go on down trend except the fact that currently SHORT positions are more than LONG positions in the market and hence it may take a little correction before making a proper move downside.
交易结束:到达目标
Target Reached ...Hope you guys enjoyed...Please like and follow.

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