Falling wedge explained *460 PIPS *

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
the falling wedge serves as a reversal signal.
After a downtrend, Notice how the falling trend line connecting
the highs is steeper than the trend line connecting the lows
Upon breaking above the top of the wedge , the pair made a nice move upwards
that’s approximately equal to the height of the formation.


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