UnknownUnicorn3974120

Ascending wedge between 61.8 & 78.6

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
I expect price to start to squeeze more before breaking out of this channel.

Personally for an ABCD pattern I would like a strong reversal around the respective Fib lines.

There is strong divergence forming.
Comment:
Price has broken out of the trendline.
Look for a nice candlestick for entry.
Divergence is still evident
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.