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glennmercer
May 3, 2017 6:12 PM

USDCAD Short: Breaking Out of Rising Wedge Short

U.S. Dollar/Canadian DollarFXCM

Description

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
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