USDCAD Potential Sell Opportunity

FX:USDCAD   U.S. Dollar / Canadian Dollar
Price is moving up in a sideaways forming an ending diagonal pattern. In MACD we have a big bearish divergence which shows that we mights soon have a reversal. We should keep an eye for a breakout below the lower bond of the pattern and watch for a sell setup before going short with this market.
Comment: Breakout of wedge, retrace to test the broken level and boom..!
Watch my new post now about USDCAD..
Hi, what about breakup ??

thank u 4 your Idea
Hi, what do you mean.?
MANOLIS Fxprotrader
Sorry, my bad English.
Don't you think it is possible that there could be an upward breakout of the trend?
Thank you again
Well everything is possible.. But the way structure is at the moment i see price moving into a correction. So what we wait is another impulse to teh down.. Watch my new idea on USDCAD.. Thank you Manoli.. By the way are you from greece...?
MANOLIS Fxprotrader
Thank you for you reply, I appreciate it.!!!!!
No from Italy but I love Greece. :)
Ok mate.. Thank you very much..!
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