Potential Rising wedge pattern-- Sell from top of range...

2019-11-20 17:46:36

Price is moving confortably in uptrend , however we can see potential rising wedge formation in 4hr chart , which might provide selling opportunity on test of trendline above price...

Overall structure is bullish till wedge pattern is intact .. so maybe rather than selling GBPCAD we would prefer not to buy and wait for confirmation of either break below wedge or rejection from pattern top..