USDCAD - Reversal Soon!

714
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈As per our last USDCAD analysis (attached on the chart), it rejected the lower bound of the wedge pattern and traded higher.

As USDCAD approaches the upper bound of the wedge, as marked by the red circle, I will be looking for bearish reversal setups to confirm the bearish correction.

For now, we wait!⏱️

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.