usdcad → is it the end of an upward?

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
hello guys...

as you can see a wedge pattern formed and the price broke it up!

consider it the price touched the target of pattern and I mention it on the chart!

now if you check the 4h timeframe:

you can see a head and shoulders pattern formed but the neckline has not broken yet! if the neckline breaks you can get a short position to the s&d area!

this area is also a potential area for starting an upward movement!


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the confirmation happened
the price broke down the neckline
Trade closed: target reached:
target touched

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