USDCAD Ascending Wedge Pattern Short Bias

USDCAD as charted shows a rising wedge pattern while the RSI indicator shows bearish divergence. The price presently is approaching

overhead order block resistance. Taken altogether, these may suggest that USDCAD is about to reverse into a downtrend.

Canada recently had some rare violence on the global news involving knives not guns while the $ DXY has stayed strong.

A short trade may be setting up in the next day.

Trade active:

USDCAD on a general downward trend and so confirming the idea.

Trade closed: target reached:

USDCAD has dropped onto the support. Trade closed. Am now looking to go long upon confirmation of reversal.