USD/CAD Big Bearish Break Opportunity - Ichimoku Short Setup
This is a forecast of where I need to see price go to if I am going to entertain a sell.
We have a big flat kumo level which will act as a strong support.
If we can break that level then we have a chance to sell down to at least the price structure level I've laid out as my main target.
I've also drawn out some partial profit levels to aim for along the way as well. Ideally, if we get the drop we'll also see a bearish kumo twist to help confirm it is time to drop.
If we fail to break that flat kumo level or maintain bearish confirmations, this setup may become invalidated.
We have a big flat kumo level which will act as a strong support.
If we can break that level then we have a chance to sell down to at least the price structure level I've laid out as my main target.
I've also drawn out some partial profit levels to aim for along the way as well. Ideally, if we get the drop we'll also see a bearish kumo twist to help confirm it is time to drop.
If we fail to break that flat kumo level or maintain bearish confirmations, this setup may become invalidated.