rising wedge and structure on dollar canadian

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ảnh chụp nhanh

hey traders,

dollar cad is approaching a significant level of resistance,
with rsi oversbought with divergence and weakening bullish momentum.

formation of a double top and rejection of 1.344 level is one more indication of upcoming bearish move.

now just wait and sell the breakout of the wedge with you targets based on structure.

good luck!
Ghi chú
Attempt to break
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Ghi chú
stop to entry
Đóng lệnh: dừng lỗ
market hit the entry
Chart PatternsdollarDouble TopForexTechnical IndicatorsstructureTrend AnalysisWedge

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