USDCAD - Short setup

FX:USDCAD   U.S. Dollar / Canadian Dollar
I am short on this pair, as it made a new lower high with almost an overbought condition on the RSI and the RSI showing divergence from previous high.

Target is the 127.2 extension and stops above previous high. At the target point, there will be an AB=CD pattern completed, so a good opportunity to go long there, but I would wait for price reaction on that zone first before making any decision.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out