USDCAD: Short Trade Based On Structure
USDCAD has reached a key structure resistance level,
on 4h we see a rejection candle + dodji formation on 1h.
For confirmation, I am waiting for a bearish breakout of 1.33 structure support to short the pair.
T1 - 1.3285
T2 - 1.3260
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.