short usdcad
looking for an extreme over bought position in the supply resistance. correlates with and unconventional deep crab and 2x's the original flag pole. (vertical blue line) might form into a rising wedge. previous structure helps to support idea along with the possible inverse head and shoulders forming due to the expected pull back. target one is supported by previous structure and looks reasonable. once target one is achieved, move stops to break even and take half of position size off. monitor towards target 2.
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