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FosuaForson

Falling wedge explained *460 PIPS *

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
FosuaForson  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Harmonic Patterns Chart Patterns Trend Analysis
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harmonicpatterns chartpattern trendanalysis
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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