Highcrunch

USDCAD potential pullback with bearish deep crab right at 3.618%

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
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3
USDCAD has been rallying strongly and hit a past resistance level forming a nice bearish deep crab . D extension formed at almost pip perfect 361.8% of BC
On the two hour chart, a hammer was was formed a few candles back.. As I am a bit late, I will wait till next RSI overbought for confirmation to enter a short trade.
Stop at 15 pips above D and take profit at the next support level indicated by the rectangle box.

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