bearish violation of wedge pattern

hey traders,

on usdcad we see a clear violation of a decent level of structure 1.326,
moreover, the wedge pattern, that the market was following since October is also clearly violated.
Such market sentiment is triggering selling reaction of many market participants.
In such situation, it is important not to rush, and find a good zone for entry.
I will be looking for the retest of 1.325 to sell the market.
targets are based on structure.

Kommentar:

going up

Kommentar:

retest

Trade geschlossen: Stop wurde erreicht