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USDCAD H4 : Deep wedge retest heading for a QML
On the H4 timeframe, price has broken out of a wedge and price is likely to move to the down side. Price is making a deep pull back and it has reached a FTR with is a QML. The QM is vaild because we do have PA, firstly the QML is above a keylevel. And secondly price accumulated when approaching the decision point, a minor wedge form and was broken when price reached the QML.
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