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"Short Setup" USDCAD 4h by ThinkingAntsOk

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
ThinkingAntsOk  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Trend Lines Trend Analysis USDCAD USD CAD ｆｘ Forex
7
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supportandresistance trendline trendanalysis usdcad usd cad ｆｘ forex
4 Hour Chart Explanation:

- Price broke the Ascending Trendline.
- Bearish Divergence on MACD.
- Price has potential to move down towards the Support Zone at 1,28611, being careful with the Middle Support Zone at 1,3122

You can check our Top and Bottom Analysis on the Related Ideas.

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"Top and Bottom Analysis" on USDCAD by ThinkingAntsOk
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