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InsideMarket
Nov 4, 2015 6:17 PM

EURCAD - ABC completion with falling wedge at 'C' wave. Long

Euro Fx/Canadian DollarFXCM

Description

The wave count on this pair is difficult mainly because of its consolidations patterns and fast move price-action.

The falling wedge formed at the last wave gives a reliability to the wave counting and an expectation for reversal.

Happy trading!

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