USD/CAD 1H Setup – Bearish Reversal Incoming? USD/CADOANDA:USDCADasimafridiWe’re closely watching the USD/CAD pair on the 1-hour timeframe, and the chart is flashing multiple high-probability reversal signals. 🔹 The trend has been bullish, but momentum is weakening. 🔹 A clear bearish divergence has formed on the oscillator. 🔹 A rising wedge — one of the most reliable reversal patterns — is fully developed and ready to break. 🔹 All signs point toward an imminent bearish shift, and we're preparing to catch the move early with a Sell Stop below the key Higher Low (HL). 📌 Trade Setup at a Glance: Pair: USD/CAD Timeframe: 1H Trend: Bullish (for now) Divergence: Bearish Pattern: Rising Wedge Bias: Bearish Strategy: Sell Stop at HL Breakout 🟡 Entry: 1.38379 (Sell Stop) 🔴 Stop Loss: 1.38847 🟢 Take Profit 1: 1.37911 (R:R 1:1) 🟢 Take Profit 2: 1.37443 (R:R 1:2) 📊 Position Sizing & Risk Management 🔹 Lot Size: 0.25 🔹 Risk Per Trade: $200 🔹 Total Reward Target: Up to $300 🔹 Executing two trades – one targeting TP1, the second targeting TP2. 📈 Why This Setup Matters: ✅ Bearish divergence shows clear loss of bullish strength ✅ Rising wedge pattern aligns perfectly with reversal expectations ✅ Well-structured entry with favorable risk-to-reward ✅ Using a split-target strategy to lock in profits smartly 📣 Let’s Discuss! 💬 Drop your thoughts and analysis in the comments — how are you trading USD/CAD? 🔔 Follow me for more high-probability trade setups, chart breakdowns, and real-time analysis. Let’s trade smart and grow together! 🚀 #USDCAD #ForexSetup #RisingWedge #BearishDivergence #PriceActionTrading #SmartMoney #TrendReversal #FXSignals #SellSetup #TradingStrategy #ChartPatterns #BreakoutStrategy #TradeSmart #1HourChart #RiskReward #ForexTrade #TechnicalSetup #TradeIdeas #TradingCommunity #ForexEducation #TradersOfTradingView #SmartEntry #SwingTrading #TradingMindset #TradingViewSetup #ForexAnalysis