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chike00

USDCAD falling wedge + trend break

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
chike00  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Support and Resistance Wedge Falling Wedge trendbreak crossover Fibonacci Retracement
5
0
trendanalysis supportandresistance wedgepattern fallingwedge trendbreak crossover fibonacciretracement
I'm going to be patient for this one, price has broken the trend and retested, however I'm waiting for a Moving Average crossover as I might get caught out by ranging price action.

I'd say the 0.5 Fib level would be a good place to put a TP, but if you're feeling adventurous you could go for the upper resistance around the 100% Fib range.
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