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rising wedge and structure on dollar canadian
U.S. Dollar / Canadian Dollar
Short
rising wedge and structure on dollar canadian
By VasilyTrader
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Updated
Mar 25, 2019
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Cheer
Cheer
Mar 25, 2019
hey traders,
dollar cad is approaching a significant level of resistance,
with rsi oversbought with divergence and weakening bullish momentum.
formation of a double top and rejection of 1.344 level is one more indication of upcoming bearish move.
now just wait and sell the breakout of the wedge with you targets based on structure.
good luck!
Mar 25, 2019
Comment
Attempt to break
Mar 25, 2019
Trade active
Mar 26, 2019
Comment
stop to entry
Mar 27, 2019
Trade closed: stop reached
market hit the entry
Chart Patterns
dollar
Double Top
Forex
Technical Indicators
structure
Trend Analysis
Wedge
VasilyTrader
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