After a clear break from our trendline, we should be expecting a retest for a short opportunity to the downside back to our next imbalance demand zone! We wait and catch the move. Don't forget to follow me on twitter for more daily updates.
We are currently targeting a long position on USDCAD
- Price already completed the AB=CD pattern
- H4 chart already showing divergence
- Wait for the break of the TL and go Long till 1.27472
- Stop Loss should be place at 1.24917