Kumowizard
Short

Looking for a swing sell signal at 4H bearish support

FX:USDCAD   U.S. Dollar/Canadian Dollar
206 0 5
Trade idea is not a strategic view, just a swing trade, as daily time frame still bullish . However the counter bearish move on 4H may have one more leg down.

4H picture:
- Price previously broke below Kumo and broke the uptrend line. Ichimoku setup is neutral with bearish bias.
- Price is retesting Kumo, 100WMA now, Heikin-Ashi signal is still bullish short term
- EWO             is bearish

In case we'll have a bearish Heikin-Ashi signal from here, and EWO             turns down again, USDCAD             will target its previous low. The question as usual: will it make a lower low to 1,3975+?

Initial stop to 1,4455 (adjust it according to your MM rules)
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