SwingMarkets
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since Mar 25, 2020
supportandresistance
trendanalysis
trendline
usdcadshort
wedgepattern
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Overview : We're currently observing a potential short opportunity on the USD/CAD 1-hour chart. The pair has been trading within a rising wedge pattern, which is often considered a bearish reversal signal. The price action is now showing signs of weakness near the upper boundary of this wedge, suggesting that a downside move could be imminent. Trade Setup:...
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Open a short position on wick rejection near weekly/monthly resistance line FX:NZDUSD
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