exploration
Long

USDCAD 4 Hour TF Falling Wedge... 70 pip Target

FX:USDCAD   U.S. Dollar/Canadian Dollar
318 5 0
USDCAD             4 Hour TF Falling Wedge ... 70 pip Target
I think price will break out at the top of the falling wedge and go to 1.0570 area
Setup: place trade only if price breaks out at the top of the falling wedge ..see video on how to place this trade.

These are the videos i learned on how to trade forex
This is a video on how to place stop out and limits on trading wedges
http://www.informedtrades.com/3355-falling-rising-wedge-trading-strategies.html

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I closed with about 40 pips profit on this chart 1.0538 area
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USDCAD Price action has hit R2 at 1.0527 from the pivot point of 1.0490 from the breakout of the falling wedge.
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USDCAD Good sound break out from the falling wedge..price action could go to 1.0570 area ...70 pip move
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USDCAD A variable estimation i am looking at on this chart
USDCAD - Short Opportunity - Sloping Resistance // Key support
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Break out of the top of the falling wedge in progress.
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