TradingView
HughGRection
May 17, 2013 6:44 AM

Wedge within a wedge = breakout Short

U.S. Dollar/Canadian DollarFXCM

Description

- Strongly capped by 0.236 Fib and upper wedge barrier
- Supported by 0.98 and lower wedge barrier
- ATR at lower pivot point
- I'm short on the CPI release, but there isn't a clear enough long term signal for a lasting trend just yet. A breakout appears imminent on a larger time frame.
More