Following on from previous post, price action
shows that USDCAD
failed to push through area of resistance after previous indecision candle. If the current daily candle closes as an indecision candle (same as previous candle, thus forming tweezer tops
), I will enter a short trade. SL will be placed outside of previous candle's upper wick, and trade entered once price pushes past lower wick of previous candle.