USDCAD has started to approach my marked area which consists of: 1. The red trendline worked before as a support and now it should act as a resistance. 2. The black trendline should also act as resistance. They both make up a crossing area, which is great! 3. AB=CD from the bottom and D point is exactly around the crossing area. 4. Smaller AB=CD-s 5. Several Fibonacci Extensions are inside the marked area. 6. The light-blue horizontal line is historically worked S&R level 7. Slightly above the crossing area is round number 1.33000 8. Wait for a bearish price action and let it guides you into the trade.
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