X5
Short

USD/CAD H4 - Short setup - ABCD pattern / 3-D pattern projection

X5  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Price will pressure channel resistance and bear divergence suggest that the price is about to fall and retest daily support at 1.2720

I’m just waiting for reversal bar pattern inside PRZ to consider a short position.


On H1 chart, it looks like the price will retest near resistance at 1.3059 before downtrend starts (bull divergence is present).
snapshot

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