USDCAD short on downtrend
Downtrend shows predictable movement.
However, the resistance line still needs to be tested at least once.
Waiting for a confirmation candle to touch the resistance and downtrend will continue.
Also, the candle of today needs to develop and wait for the candle movement.
P/L ratio = 2:1
However, the resistance line still needs to be tested at least once.
Waiting for a confirmation candle to touch the resistance and downtrend will continue.
Also, the candle of today needs to develop and wait for the candle movement.
P/L ratio = 2:1
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