Using Chris Moody's Slingshot System to identify aggressive entry points, in yellow. Prices tend to cross past or into the sling before big trend-following moves. The price has bounced off the top of the channel and appears to be respecting the resistance. USDCAD is in an H4 downtrend.

Recommended SL: 1.266
Recommended TP: 1.253
4h4hour4hrChart Patternsh4Technical IndicatorsshortslingshotslingshotsystemTrend AnalysisUSDCADusdcadshort

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