View Single Post
  #526 (permalink)  
Old 07-01-2009, 11:05 AM
ChartSecret ChartSecret is offline
Junior Member
 
Join Date: Jun 2009
Posts: 16
ChartSecret is on a distinguished road
Short Signal - Wedge in USD\CAD

Great wedge pattern in the USD\CAD, in 4-hour chart.
Coincides with exact 38.2% retracement of last downtrend and a strong resistance at 1.1600. Price stopped twice on this Resistance level.

Source:
Wedge Short Trade | USD\CAD | ChartSecret.com
Attached Images
File Type: jpg usdcad-wedge-entry-2.jpg (190.2 KB, 557 views)
Reply With Quote