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Trading Idea - USD/HKD, 03-03-2021
Trading Signal: USDHKD
| Order | Buy |
| Direction | Bullish |
| Pattern | Symmetric triangle |
| Interval | 4 hours |
| Length (Candles) |
Idea Summary
Medium term USDHKD forecast is bullish. The technical analysis of the USDHKD chart in 4-hour timeframe reveals the USDHKD pair is consolidating in a Symmetrical Triangle. It is highly likely the pair will bounce off from the sides of the triangle in the interior of the triangle, then breach the side of the triangle as it resumes climbing.
Note:
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