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This pair has set up beautifully for our strategy - MA's have just crossed, stoch is pointing downwards, price has just bounced off resistance. Support level is sat just under our TP. Sell stop placed
cad/usd should hopefully form double top formation to match with the resistance being targeted couple times.
Looking fo a D completion of a cypher pattern at 1.14845. if price action hits this point i will be looking for targets at 1.16996 and a second target of 1.18452 these are also backed up by previous structure.
I think if chart break the lower low of yesterday in the 1h chart, we will have a big chance to go short until next support.