USDCAD/ DAILY / OUTLOOK
Updated
This pair can currently go either way so we must sit and wait...
Note
Approaching the break of the wedge.Trade active
Trade closed manually
We've broken an inverse head and shoulders on the 1h so I've closed the trade manually. Trading such large patterns takes time and patience. The best thing to do is to now drop down on a lower timeframe and look for additional patterns to support the wedge. We are seeing bullish signs though.
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