FXEntries

Falling Wedge Formation Daily USD/CAD Bullish Reversal Pattern

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
I have been monitoring this pair for a couple of days and we can see a clear Falling Wedge formation on the daily which is a bullish reversal pattern. We will be waiting for a clear breakout of this pattern with an engulfing candle. I will keep a key eye on this and share the breakout with everyone if price action goes towards this bias.
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