USDCAD is looking good for a potential reversal, waiting for some divergence to show and see whether a double top forms or maybe it will deny the ABCD and go a little higher first. Either way when divergence shows we will have a good chance of finding an entry to go short.
Trade active
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Trade closed manually
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closing trade 618 fib didn't get broken so it might go higher.
Trade active
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Support broken reopened trade
Trade closed: target reached
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waiting for trendline break and retest
Comment
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1.32 is providing resistance, a break out and retest of the ascending trendline would confirm a bearish move to look for a trade entry with stop loss above the 1.32