USD/CAD XABCD pattern shown. Potential long term investment.
This shows to follow the XABCD pattern with the possibility of going long due to the previous resistance now being formed into a support line that has been retested by previous candlesticks and I am positive that it will rocket up.
Also there can be a short term as well because the pattern needs to reverse trend in order of the flow to continue. Once it touches the resistance trend-line, it will hopefully proceed to shoot down in which you can enter accurately and take profit as preferred.
Thank you and be sure too look out for more of my analysis and what I think will happen during those periods.
(y) (y) (y) (y) (y)
Also there can be a short term as well because the pattern needs to reverse trend in order of the flow to continue. Once it touches the resistance trend-line, it will hopefully proceed to shoot down in which you can enter accurately and take profit as preferred.
Thank you and be sure too look out for more of my analysis and what I think will happen during those periods.
(y) (y) (y) (y) (y)
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