23.11.2020
A descending H4 level pattern is truncated. Awesome Oscillator shows a bullish divergence. The pivot of the 2 wave C H4 is broken by the formation of the assumed wave (A) of the ascending pattern. A breakout of the resistance level of 1.3096 will result in the formation of an ascending wave pattern.
USDCAD rate online: monitor the price movement in real time.
Trading recommendations:
Buy at the breakout of 1.3096.
Stop Loss under the truncated pattern:1.3026.
Target levels: 1.3170 (specialist trap); 1.3264 (level 138.2%F).
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