USDCAD had a bullish engulfing candle on daily chart followed by rejection at key level at 1.32230 on 4 hourly chart suggesting likely short set short up.

Suggested set up:
Entry @ 1.32230
Stop loss @ 1.32723
TP1 @ 1.31475
TP2 @ 1.30810
TP3 @ 1.30016
TP4 @ 1.29290

RP
Order cancelled
This trade never triggered - it continued to go down without having retraced to the entry.
Chart PatternsTrend Analysisusdcadshortsetup

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