USDCAD SHORT- On the break and close below 4h TL

I think we may have finished retracing for now and heading down.

-I want a break and close below the 4h trend-line in blue here
-Coincides with fib 0.618 retracement
-ABCD Structure in play
-We just bumped our heads on major monthly resistance of 1.4000 and held below
-A lot of long wicks around the 1.4000 too
-Targets as shown
-Another reason why we could be coming down is look left recent support when broken becomes resistance

Trade active:

Be patient and wait for the pefect moment and confluence to get in.....no point risking money just to get in the trade :)

Trade active

Trade active:

On the way to target. :)

Trade active:

Taken some profits at the low but holding the rest :)

Trade closed: target reached:

TARGET HIT

Trade closed: target reached:

370 pips on this one!

Trade active:

415 pips up!!!