USDCAD Pitchfork Analysis
The price is at the lower parallel line. We have an 80 percent probability of it touching the median line. So, I plan to go long with a tight stop loss and a target at the median line. RSI is at the support as well.
Note
The trade seems to be going well. A small pullback occurred. The target is still the median line
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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.