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TraxionInvestments

USDCAD - Rising Wedge Pattern Formation

Short
Dollaro / Dollaro canadese (OANDA:USDCAD)  
TraxionInvestments  
OANDA:USDCAD   Dollaro / Dollaro canadese
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!!

Idee correlate

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USDCAD - PRICE GOING FOR 1.30000 ZONE
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USDCAD - More STOP LOSS HUNTING
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USDCAD - 1.36400 ZONE Last Kiss
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USDCAD - 1.36400 ZONE BREAK SUCCESSFUL
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USDCAD - SOME MORE STOP LOSS HUNTING
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USDCAD - STOP LOSS HUNTING
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USDCAD - Extreme Bearish Sentiment
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