USDCAD SHORT

hello my friends.well in this setup we have CHOCH in daily and a bearish candle closed under the last low in 4hr,so we have CHOCH in 4 too.
now we wait for reason in smaller time frame to open short position.
just a point,i see this demand area(around 1.31300) and maybe we have reaction on it,but i think the power of high time frame for short is more. good luck.

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Comment:

check the chart in daily

Comment:

well i think bearish senario is still working in higher timeframe.we can update our stoploss a little higher.but don’t do this in your trades again,coz your risk managments should be stable.but in this case my r:r was good so i do it.

Comment:

is falling start?