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Ivannn7

USDCAD Analysis

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Ivannn7  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Fibonacci Multiple Time Frame Analysis Support and Resistance USDCAD usdcadshort usdcadanalysis majorforex signals forexsignals
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fibonacci mtfa supportandresistance usdcad usdcadshort usdcadanalysis majorforex signals forexsignals
USDCAD is bullish in Daily timeframe,
and i want to look more specific into medium timeframe ( 1-4h), and i see the structure is bearish
i draw red horizontal line for the TP area because the redline is the daily structure

and we can see double top on lower high, so you can short when the price breakout the neckline or you can wait for retest
goodluck
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