Foralex

USD/CAD : **H2 Sell setup **

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Here is a nice short entry on gbp/aud fx pair.

Strong confluance :

- Breakout & retest of blue trendline.
- Bearish channel
- Fibonacci level and resistance zone confluance.
- EMA Crossunder + Stochastic momentum overbought combo.
- Standard deviation

My two targets are marked by flags.

Good luck !
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.