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Short USD/CAD for a swing trade

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We are near the top of the channel (wich might also look like a bear flag). A nice reversal candle is forming, we need to wait for it to close for a full confirmation tho. Bearish divergence on MACD. RSI above 70. I know that it only mean that the up trend is strong but it's been a while since it didn't go above 70 on 3D. Stochastic looks good for a short too.

Shorting here might be risky. You can also wait for the candle to close and see how things evolve before shorting.

Please give me your opinion, good luck.

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The target is the top of the ichimoku on weekly. (Note that if we follow my scenario on 3D, the curent candle on weekly will be a reversal candle too.)

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This is really an awful HnS but why not. It matches with what i expect.

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3D Candle closed. Looks really good so far.

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I'm still in. I'll post a chart tonight.

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In my opinion, they just wanted to chase stop losses that were at last swing high. But i'm still bearish, my scenario isn't invalidated.

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to hunt stop losses*

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Already good profit with any leverage. Personnaly i had a 200 leverage so it's a 200% but for the most reasoneable ones, with a 10x it's still 10% and very good. You can take profit or move your stop loss below entry price so you won't loose anything on this trade. I'm keeping my position open.