zorrays

USDCAD - NEUTRAL - ASCENDING CHANNEL + FALLING WEDGE

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
OVERALL, ON DAILY CHART , PRICE IS STUCK IN AN ASCENDING CHANNEL . WITHIN THE CHANNEL PRICE HAS CURRENTLY FORMED A FALLING WEDGE .

EVENTUALLY, IT WILL BREAK THE ASCENDING CHANNEL BUT THE QUESTION IS WHETHER IT WILL BREAK IT NOW OR BREAK AND REACH THE BASE OF THE FALLING WEDGE AND THEN DROP .
Mar 05
Trade closed: target reached: Target reached
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