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Daily Timeframe Chart Patterns — GBP/JPY and USD/CAD

August 23, 2009 by

After a last weekend free of any chart patterns from me, you get two today. Both patterns are quite nice: GBP/JPY offers a good bullish opportunity with already a good entry point without even waiting for a breakout, USD/CAD is in a classical falling wedge, but the breakout is quite far away from now in time.

1. GBP/JPY, Daily, Ascending Triangle:
GBP/JPY, D1, 2009-08-23

2. USD/CAD, Daily, Falling Wedge:
USD/CAD, D1, 2009-08-23

If you have any questions or comments regarding these GBP/JPY and USD/CAD chart patterns, please, feel free to reply below.

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