USDCAD short setup
on the daily TF we have a downtrend for the last months, on the 4H TF price was trending back up to the daily upper trendline. last week price broke this 4H upward channel. now I'll wait and see if price retraces back to the last broken support zone,wich will become resistance and also we have a 61.8 Fib level in this broken zone. this trade will provide us a nice R/R ratio. Let's see what happens this week.
Wish you al the best trades for this week!
Let me know what you think about USDCAD.
Wish you al the best trades for this week!
Let me know what you think about USDCAD.
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