rising wedge and structure on dollar canadian

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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!
註釋
Attempt to break
交易進行
註釋
stop to entry
交易結束:達到停損點
market hit the entry
Chart PatternsdollarDouble TopForexTechnical IndicatorsstructureTrend AnalysisWedge

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