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USDCAD: Local Bearish Reversal 🇺🇸🇨🇦
U.S. Dollar / Canadian Dollar
Short
USDCAD: Local Bearish Reversal 🇺🇸🇨🇦
By VasilyTrader
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Mar 7
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Mar 7
https://www.tradingview.com/x/l1l6f7RK/
USDCAD is trading within a huge rising wedge pattern on a daily time frame.
After a test of an upper boundary of the wedge, the price formed a double top formation
and violated its neckline yesterday.
We may expect a bearish movement to the support of the wedge now.
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canadiandollar
Candlestick Analysis
dollar
Double Top or Bottom
swing
swingsignals
swingtrader
swingtrading
USD
USDCAD
DJ FXCM Index
Wedge
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