USDCAD - Short/Sell Setup
Updated
1. Parabolic Advance from 03-Oct to Present
2. Price testing/nearing swing resistance
3. RSI in Overbought Territory
4. Candle structure on lower time frames (esp 2 and 4-hour reflecting selling pressure).
Looking for a pullback to the 1.3400 level. Now 1.3613. Stop: 1.3720
2. Price testing/nearing swing resistance
3. RSI in Overbought Territory
4. Candle structure on lower time frames (esp 2 and 4-hour reflecting selling pressure).
Looking for a pullback to the 1.3400 level. Now 1.3613. Stop: 1.3720
Trade closed: target reached
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