Bears could cause major selling around 1.30

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Previous support now turned resistance on monthly time frame. If price begins trading around this area, then I'll begin looking for bear candles on the daily time frame. If I see bear candles on the daily time frame, then I'll move to the 1H time frame and place sell limit orders at previous market levels.
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Bear candle posted on the daily time frame.

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Rough look at entries and stops on 1H time frame.

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CADCandlestick AnalysisMultiple Time Frame AnalysisSELLshortSupport and ResistanceUSDUSDCAD

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