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jennhong1992
Jan 8, 2017 5:17 AM

look at this repeated pattern Short

U.S. Dollar/Canadian DollarFXCM

Description

who else finds it interesting that its channel's have identical movement, everytime it breaks, it forms a doubt top and drops, when it begins you see the double bottom.
Comments
lpcesar
I am looking for a up move here, but I agree if break the channel this could be much lower ... looking for a flag before I re-enter in short, I will not be surprise if the mkt goes back to the channel up too.
here is my chart
jennhong1992
@lpcesar, i agree with you! i wouldnt be surprised either. i will be looking for confirmations, UC likes to consolidate before its big moves
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