Falling wedge on 15m chart,
Hitting longer term support,
Hitting support zone around S1,
Low volume and low price meaning price will get more narrow,
Lil shooting star on the 15m frame.
Possible Long Position,
Potential short on USDCAD with a H&S pattern forming on the 15m timeframe. We can also see we have a slight trend line downtrending on higher timeframes.
Would wait for bearish confirmation before entrance.