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ClearEdgeFX
Jun 8, 2015 12:46 AM

USDCAD - 4H - TRIANGLE WAITING TO EXPLODE 

U.S. Dollar/Canadian DollarFXCM

Description

Another great triangle opportunity courtesy of USDCAD on the 4H timeframe. This one could go either way, although price action suggests that it'll pierce through the upper side of the triangle that's in play due to the rising pressure coming from below. Either way we're looking at around 200 pips on each side once it happens.
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