Get started
glennmercer

USDCAD Short: Breaking Out of Rising Wedge

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
glennmercer Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD breakout Rising Wedge glennmercer gmercerfx FOMC
11
0
usdcad breakout risingwedge glennmercer gmercerfx fomc
Hello traders, looks like USDCAD may break out of its rising wedge. As expected we are seeing some volatility surrounding the FOMC minutes but the pair seems to be consolidating below the breakout line. Breakeven at 1:1 with a nice R/R for final target. Cheers
Trade active
Trade closed: stop reached:
Looking for a potential big long now, but only on break out. I will publish a new idea for this. Cheers
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.