Chart Patterns & Algorithmic Trader (Jan. 28, '20) (101)
@CD V-Bottom Pattern
s
Canadian Dollar Continuous Contract [Sep20] (@CD) has formed a V-Bottom pattern on
its daily chart and trading above the breakout level of $0.87205. V-Bottom patterns are
traded when price closes above the breakout level. A stop is placed below the mid
level of the V-Bottom pattern at $0.72705. Targets are placed at $0.8277 to $0.8428
and $0.8864 to $0.9179.
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