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UnknownUnicorn5346859

USD/CAD ready for one more upside jump,before completing pattern

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
UnknownUnicorn5346859 Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns USDCAD forexsignals forextrading fx forexanalysis forextrader usdcadforecast usdcadanalysis
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trendanalysis chartpattern usdcad forexsignals forextrading fx forexanalysis forextrader usdcadforecast usdcadanalysis
This is our favorite pattern, wedge. In this case, the rising wedge. If price make a bullish move, it will go to 76 fib and resistence line at 1.3320-30. Also finishing the pattern.
But we are not trading that, but waiting bearish break of the bearish pattern.
When you see break of support line (lower), you can enter the market. Target will be at 1.3193
bull-capital.com
Comment:
We saw yesterday price already broke the channel and now is retesting previos support. We can put pending order few pips below yesterday low. 1.3237
Trade closed manually:
We were just 12 pips short of our target. We didnt took the profit but exit at be+1
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