USDCAD SHORT BIAS
Updated
-Weekly: Price has reached a resistance that has not been broken since 2020 and it's currently rejecting. Weekly closure will be crucial to see to determine trend bias and have extra confirmation for downside. Currently forming an engulfing candle
-Daily: Bearish. Engulfing candle which rejected psych level 1.39500
-4h: Bearish. Currently rejecting Area Of Interest. Wedge formation with break and retest.
-Daily: Bearish. Engulfing candle which rejected psych level 1.39500
-4h: Bearish. Currently rejecting Area Of Interest. Wedge formation with break and retest.
Trade closed: target reached
beautiful setup completed to perfection and a little more, I extended my tp to around 1.38300 for a 70 pip profit
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