Daily Trendline being respected
H4 - Price came up to 61.8 FIB, touching a H1 Exhaustion Zone before reversing back to the downside, Creating a FAT Bearish Engulfing
H1- Cross of MA's, Multiple Bearish Engulfings, Minor Structure was broken and retested
< H1 - Minor Trendline Break and Retest,

Already in the trade
1st Entry @ 1.30666
2nd Entry @ 1.30456

Going to be looking for potential entries to come in the week

Had entered early @ 1.30622 but got stopped out due to being impatient and not waiting for confluences/confirmation




Chart PatternsconfluencesTrend AnalysisUSDCADusdcadshortwallstreetacademyWSAwsatraining

Disclaimer