USDCAD: Breakout Signals Change Of Behaviour

FX:USDCAD   U.S. Dollar / Canadian Dollar
1297 12 59
Price has broken below the lower parallel of a rising median line , after multiple bounces from it. It might take a while but when price reaches the broken parallel we should watch for a sell setup to complete and go short with USDCAD             .
I will update if a setup based on my strategy completes..

Thank you very much guys, for all your support..!
Comment: Price has entered the sell zone. Watch for a sell setup to complete
Comment: Massive rejection at the slide parallel of the median line. Watch my new idea for this market:
Same view - Well done
Fxprotrader -Andrew-
Thank you :)
hai Fx,,
is this move can be considered as sell setup,, :D
Fxprotrader RedQueen
This wedge looks good.. But i expect price to move higher and then drop. But if you have a tested strategy on wedges you may trade it.. Good luck :)
same on view -
Hi FX ,do you think Nzd/Jpy might retrace to 73.50?

Fxprotrader pip_hunter
It's in a consolidation... So if it breaks below the triangle it has many chances to reach 73.50
pip_hunter Fxprotrader
Thanks for your input FX.Im short at 7300 .Lets see how I ago .Cheers
that's a good projection. However, I would extend the downward line till 26-29 Sept.
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