USDCAD is forming Bearish Chart Pattern Rising Wedge
USDCAD is forming Bearish Rising Wedge Chart Pattern on 1HR time frame.
Bearish divergence is clearly formed therefore Bears are likely to take control.
Price to move down once Bears are in total control.
Verdict: Bears to Win.
Bearish divergence is clearly formed therefore Bears are likely to take control.
Price to move down once Bears are in total control.
Verdict: Bears to Win.
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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.