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chivo4all

looking to short #USDCAD if some criterias are being met

Short
U.S. Dollar / Canadian Dollar (FX_IDC:USDCAD)  
chivo4all  
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators Forex priceaction USDCAD Fibonacci Retracement forexsignals forexmentor Technical Analysis
5
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trendanalysis chartpattern indicator forex priceaction usdcad fibonacciretracement forexsignals forexmentor technicalanalysis
USDCAD which has been on a downtrend had broken our weekly support key zone now turned resistance, retraces coming back to retest, gives us a double top inline with our ema, rejection at 781 fib level, we will wait for it to break our ctl before looking to go short, but there are a lot of confluences inline already to make us consider going short. Knowing how to plot these key levels, knowing how to use your fib properly is key too.
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