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UnknownUnicorn772665

USDCAD Short Trade *TRENDLINE BOUNCE*

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
UnknownUnicorn772665 Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis USDCAD USD CAD Oil 50ema-rejection
3
1
trendanalysis chartpattern waveanalysis usdcad usd cad oil 50ema-rejection
Nice consolidation forming on USDCAD and now I think its ready to drop again.

Price has rejected the 1hr 50ema, Fib 0.382 retracement level and the bearish TL (3rd touch).

Looking for new lower lows to be made now.
Trade active
Comment:
Nice bearish momentum candle. I will look to move my stop loss to breakeven soon to remove exposure.
Trade closed: target reached
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