TradingView
BullBearMkt
Oct 11, 2019 6:52 AM
This Rising Wedge Can Drag AUDCAD down
Short
FX:AUDCAD
240
Australian Dollar/Canadian Dollar
FXCM
Description
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Oct 11, 2019 6:52 AM
AUDCAD pair is making correction after a rally above 0.90200. The corrective wave is taking the shape of a rising wedge on H4 which potentially is bearish. Waiting for a pullback to 0.90039 for a short trade
Trade closed: stop reached
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Oct 11, 2019 1:04 PM
Trend Analysis
Support and Resistance
Economic Cycles
AUDCAD
risngwedge
Comments
evansdannybd97
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Oct 13, 2019 12:43 PM
which there was no sign of
evansdannybd97
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Oct 13, 2019 12:43 PM
How would this lead to a bearish trend? Shouldn't the ascending channel continue unless there is a breakout?
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