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GRG1908

USDCAD Potential Short Setup H4

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
GRG1908 Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators USDCAD shortsetup h4 Support and Resistance bearishdivergence priceaction
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trendanalysis indicator usdcad shortsetup h4 supportandresistance bearishdivergence priceaction
As you can see the price is going up to the major resistance zone which gives us opportunity to go short. It is uptrend so don't expect a lot of pips. Look at the candlestick pattern and make a decision. Confirm on bearish divergence. Entry price is about 1.24300.
TP is 1.23400(90 pips)
SL is 2.4950(65 pips)

Good Luck !
Order cancelled:
The yellow zone is a support now, good opportunity to go long
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