USDCAD: Close to supply zone

13 Nov 2019

hey traders,

this is the update for the recent idea on USDCAD.

so the pair is on its way to the identified zone of supply.
the price is coiling within the rising wedge formation and I will be looking for a bearish
breakout of the wedge to short the pair.

targets will be 1.321/1.314

stop will be strictly above the highest point of the wedge.

*remember that setup is conditional,
so if the market goes above the underlined zone, setup will be invalid.