USDCAD TREND FOLLWING SHOR TRADE

11 thg 1

"I'm anticipating a short trend-following trade based on the current daily resistance level. On the 4-hour chart, I've identified a double top trading pattern along with a trendline that previously served as market support. Now, both the double top neckline and the trendline coincide and have broken below. Currently, we are witnessing a retest in our neckline area."

Entry 1.3371
Stop loss 1.3430
Targets 1.3266 & 1.3206