USDCAD Potential Short Opportunity

2016년 8월 11일

Price broke through the trendline on the 4hr with a large bearish candle. Price is now in a sell zone, if we get a retest of the trendline along with previous structure I am looking to take this pair short. For more conservative traders a solution is to wait for the daily candle to close below the trendline.

Target is the 1.618 Extension to the downside, which corresponds with structure.

Stop is above previous swing.