USD/CAD 1h **rising wedge** pattern **inside a higher-timeframe.U.S. Dollar / Canadian DollarFOREXCOM:USDCADrafsunlakThe market is currently forming a **rising wedge** pattern **inside a higher-timeframe resistance zone** (the yellow area). ### **What this structure usually indicates** A **rising wedge** inside resistance is typically a **bearish reversal pattern**, meaning: * Price is moving upward but with **weak momentum**. * Buyers are losing strength. * Sellers may soon take control. ### **Most likely scenario** ✔ **High probability:** A **breakdown below the lower wedge trendline**, leading price back toward **1.3990 → 1.3950** levels. ### **Why?** * Price is repeatedly rejecting the same resistance zone (yellow box). * The wedge is narrowing → indicates exhaustion. * The EMA cluster shows **sideways / weak bullish pressure**. ### **Confirmation to watch for** 1. Candle close **below wedge support** 2. Retest of the broken trendline 3. Bearish continuation ### **Invalidation** If price **breaks above the wedge top** and closes above **1.4050**, structure becomes bullish. ---