USDCAD: Classic Bearish Setup 🇺🇸🇨🇦

Short

U.S. Dollar / Canadian Dollar (OANDA:USDCAD)

OANDA:USDCAD U.S. Dollar / Canadian Dollar

Double Top or Bottom Trend Lines Elliott Wave USDCAD DJ FXCM Index USD dollar Forex trading Technical Analysis

doubletoporbottom trendline elliottwaves usdcad usdollar usd dollar forex trading technicalanalysis

snapshot

Hey traders,

USDCAD formed a cute double top formation on a daily time frame.
The price broke and closed its neckline yesterday.
I believe that it may trigger a bearish move to a major rising trend line.

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