Hello @paulDtrader, Honestly I´m a rookie in trading, actually, my professional area is graphic design and illustration and I don t know nothing about charts, I just kind of use my graphics pattern recognition, graphic continuity and a little bit of trigonometry expertise to try to make sense in charts. I do study real chart theory but barrely starting to understand it.
This time with USD/CAD worked out pretty fine though. :) I made some Pips today
paulDtrader
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@Memo_Mountain, Ahh thanks that explains alot. normally a diagonal wedge like that is a long play. That was why I was curious.
Congrats on your pips today- the short was a good call regardless of how you got there :)
paulDtrader
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thanks for sharing. Just wondering, why have you drawn a falling wedge pattern but claim it's going up?