Wednesday, May 12, 2021

Forex chart, USD/CAD

The most powerful patterns for Forex traders

USD/CAD
20-Apr-17:00 -> 12-May-13:00
Target Level: 1.2080
 
SL:(A)1.2080Last TP of Falling Wedge
RL:(B)1.2132Last TP of Falling Wedge
Target Period: 3 days
 
Interval4 hour
PatternFalling Wedge
Length55 Candles
Identified12-May-09:00
Falling Wedge identified at 12-May-09:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2080 within the next 3 days.
Supported by Downward sloping Moving Average