USD/CAD ready for one more upside jump,before completing pattern

This is our favorite pattern, wedge. In this case, the rising wedge. If price make a bullish move, it will go to 76 fib and resistence line at 1.3320-30. Also finishing the pattern.
But we are not trading that, but waiting bearish break of the bearish pattern.
When you see break of support line (lower), you can enter the market. Target will be at 1.3193
bull-capital.com

Kommentera:

We saw yesterday price already broke the channel and now is retesting previos support. We can put pending order few pips below yesterday low. 1.3237

Trade stängt manuellt:

We were just 12 pips short of our target. We didnt took the profit but exit at be+1