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
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