FX:USDCAD   U.S. Dollar / Canadian Dollar
HI, learning trader I have drawn support and resistance starting from a monthly timeframe .
Looking at the daily timeframe I can see price is approaching strong montly resistance and bullish momentum is decreasing as shown by a longer wick on the most recent candle
I believe this is a potential short once we get conformation.

please leave critisim

Comments

Nicely spotted!!

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