USDCAD - Bearish Break out Expected from Wedge Pattern
USDCAD has been trading with in rising wedge formation and the pair is in overbought phase for long. Divergence is printed on Awesome Oscillator but we need to wait for a clear and clean candle closure below the lower bound of rising wedge to open short positions.
Trade closed: stop reached
got this one wrong
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.