Bearish Reversal at USD\CAD, 4-hour chart

Strong bearish reversal sign at the USD\CAD: A precise Wedge - one of the most reliable reversal signals.

Moreover, the price was stopped at exactly 38.2% of the last big trend, which means that the late uptrend since May was merely a Retracement.

Trading
If price stops again at 1.1600 and creates reversal candlestick formation, enter Short with big targets ahead.