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MarcellusLUX

USD/CAD sell set-up in the 4Hour chart

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
MarcellusLUX Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns USDCAD usdcadshort usdcadanalysis usdcadforecast
6
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trendanalysis chartpattern usdcad usdcadshort usdcadanalysis usdcadforecast
Hello traders, we are witnessing the formation of multiple rejection
candlesticks in USD/CAD in the 4hour chart. 1.3730 level could
act as a resistance.

If the level holds, selling USD/CAD@1.3710-1.3730 with SL above
1.3780 and TP at 1.3550 is a potential sell trade.

The above set-up would be valid only if price doesn't break the
region that I have highlighted in my chart
Comment:
Price is still in the resistance zone
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