Though USDCAD is very chaotic in the last few days
yesterday we saw a very strong impulse
breaking the resistance line of a and setting a new higher high higher close.
however, I am very very skeptical about further continuation of the pair.
analyzing structure on 4H and , we see that the market is entering a wide .
I will be looking for a reversal formation inside this zone to short the pair.
Target levels will be 1.33 and 1.326
Please, remember: no matter which trading strategy will you choose, with our stop
above the our position will be protected.
*if you like this idea, please, like it and leave a comment! thanks :)