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My Forex experience and some Forex related information that might be useful to other traders

Forex Chart Patterns — EUR/CAD, CHF/JPY and Gold

June 7th, 2009

This is my second post with some interesting chart patterns that were spotted during the past week and that can still be played out by the traders. EUR/CAD, CHF/JPY and Gold charts are presented. To me, those patters look extremely profitable and constitute great positions. I hope that you are familiar with the pattern trading and can figure out how to use them. Anyway, trade at your own risk. As always, you click the images to get a full chart picture with the complete pattern visible.

1. EUR/CAD, Daily, Falling Wedge:
EURCAD, D1, 2009-06-07

2. CHF/JPY, Daily, Ascending Triangle:
CHFJPY, D1, 2009-06-07

3. Gold (XAU/USD), Weekly, Rising Wedge:
XAUUSD, D1, 2009-06-07

If you have any questions or comments regarding these chart patterns, please, feel free to reply below.


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