today i want to share with you a simple setup we have on USDCAD . The overall trend is , and price is now testing the of the bigger impulsive leg. After the first failed attempt it has came up at the same level creating a nice . If the current candle will close red, then i will be shorting this pair, with first target at the retest of the neckline, and the second target at the bottom (around 1,33).
Let's wait and see.
If you want to share your viewpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!