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TraxionInvestments

USDCAD - Rising Wedge Pattern Formation

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Dólar Americano/Dólar Canadense (OANDA:USDCAD)  
TraxionInvestments  
OANDA:USDCAD   Dólar Americano/Dólar Canadense
Trend Analysis Harmonic Patterns Chart Patterns usacad usdcadshort priceactionanalysis priceaction Forex forextrading forexsignals supportandresistancezones
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trendanalysis harmonicpatterns chartpattern usacad usdcadshort priceactionanalysis priceaction forex forextrading forexsignals supportandresistancezones
We are now seeing a RISING WEDGE PATTERN forming. This is a highly BEARISH pattern. I'm still very much BEARISH on USDCAD. More SELL trades have been placed at 1.37500. Market-maker keep taking the price above my 1.36400 zone to take out even more SELLERS and BUYERS. Their intention is to SELL BIG!!!

My 1st TP is still at the 1.30000 zone. The following week will be very interesting!!!

PATIENCE IS KEY!!

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