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gibbsys
May 18, 2021 7:26 PM

USDCAD Short Setup Short

U.S. Dollar/Canadian DollarFXCM

Description

Trend: Bearish
Structure: Trend analysis / Support and Resistance

Plan: We have two potential trades here.
1. The blue trend line along with an upper resistance level
2. The red trend line along with an upper resistance level

Both trades have potential but note that the upper trend line has been ongoing for a longer period hence may be slightly stronger
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