Can Someone Explain This Trade … What Happened With USDCAD?

I’m trying to understand why this trade went the way it did at 21:15 GMT. I thought it looked like an ascending triangle!

image

This must be satire.

Dare said:
This must be satire.

It’s not a joke. Look at the open browser tabs.

This morning he tweeted that he’d talk with Canada at 3 PM and that’s what caused this movement.

Peyton said:
This morning he tweeted that he’d talk with Canada at 3 PM and that’s what caused this movement.

*Trump

Peyton said:

Peyton said:
This morning he tweeted that he’d talk with Canada at 3 PM and that’s what caused this movement.

*Trump

Funny how I knew who you meant without even reading closely.

Peyton said:

Peyton said:
This morning he tweeted that he’d talk with Canada at 3 PM and that’s what caused this movement.

*Trump

Can he just be quiet for once?

@Thomas
I didn’t need all that info. I already knew it all. I just think he should be quiet.

@Thomas
Exactly. All traders should keep this info close as a reminder. This is exactly the tactic he used last time and this time around it’ll be even more intense, so be careful and focus on protecting your capital.

Caught that entire candle drop.

I don’t want to be rude, but if you’re lost on what caused this, you probably shouldn’t be looking at charts.

Aspen said:
I don’t want to be rude, but if you’re lost on what caused this, you probably shouldn’t be looking at charts.

It’s surprising how many people trade without checking the news. Forget about triangles and flags—if you aren’t staying updated, you’re in trouble.

@Mikel
It’s really not that hard. You just need to get familiar with this place. Most people don’t even know what each news update means.

If you believe a shape is going to make you money trading, you might need to rethink everything.

Also, this was on a 1 minute time frame.

Haha.

So you’re trading forex without knowing what’s happening in the world?

Trump tariffs.

Trump is causing chaos around the world.

Triangle of Sadness!