D_hack123

USDCAD short divergence set up

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
there is a bearish divergence on the 1hour chart and a double top was also formed, price went back retested and rejected the rectangle which is a strong resistance zone making there three conformations. there is a resistance around 1.41227 where price is currently failing to break through so be careful.
Comment: on the one hour chart the second rejection of the rectangle i can maybe see tweezer tops which is also another bearish confirmation but depend on if you see tham as tweezer tops