Quote:
Originally Posted by ChartSecret
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
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I am not too sure that I see a zig zag on your chart...... would you have posted this in here for some reason.......?