USDCAD Short

Updated
Short opportunity to daily target of 1.32237. A recent bullish BoS on the daily chart is typically followed by a retracement. Having identified the turning point on the 4h (M formation/Double Top), I'm looking to short at the 50% level of the last up move of the M formation.
Trade active
Trade closed: stop reached
Supply and DemandTrend AnalysisUSDCADusdcadshort

Disclaimer