USD/CAD putting in a double bottom off the Red Modified Schiff ML after breaking out above the Yellow Andrews ML.
Multiple MLs pointing to a run towards the upper parallel, @ approximately 1.4650 (screenshots below)
I am not long yet, but I plan on either longing a break above the previous peak at ~1.3705 or attempting to get a better entry if price returns back to the ML for another retest.
Stay tuned, will update when/if I make a move.
Fat_Fat
Note
Long @ 1.37402Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
