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QuileHills

USDCAD Descending Resistance, Bearish Divergence

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
QuileHills  
FX:USDCAD   U.S. Dollar / Canadian Dollar
13
0
USDCAD is showing bearish divergence on the 1H charts as it appears to be getting rejected from it's descending resistance (yellow line).

I have a pending sell stop order set to catch a breach of the local minima.

R:R of order shown: 4.39
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