USDCAD on the 1H time-frame.
Steps:
1. OPEN SELL ORDER position at the breakout previous low.
2. If the price create the lower high at the next MACD (+) that mean downtrend still in active.
3. Stop loss at high price level.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.