1. Precise Wedge that was confirmed by price many times.
2. Price stopped exactly at 38.2% of the trend - indicating that this may be just a retracement.
Short entry will be made if price stops again on the 1.1600
Signal taken from:
http://www.chartsecret.com/content/bearish-reversal-usdcad-4-hour-chart
Good Trading.
2. Price stopped exactly at 38.2% of the trend - indicating that this may be just a retracement.
Short entry will be made if price stops again on the 1.1600
Signal taken from:
http://www.chartsecret.com/content/bearish-reversal-usdcad-4-hour-chart
Good Trading.
