TheCaffeinatedTrader

USDCAD Looking for Downside

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Longs Closed...

Entered into shorts:

- Trend line and structure resistance
- High volume at previous stated levels hinting at sellers suppressing prices
- Broke minor uptrend
- Price between 618 and 786 retrace
- Monthly pivot point
- RSI and MACD divergence
- Double top will be confirmed when it breaks the valley
Trade closed manually:
End of Week.. all trades closed.
See what the market brings us next week!

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