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U.S. Dollar / Canadian Dollar

USDCAD Short play

By botje11
Updated
Break of the upwards trend line, we have a gap as well that will probably work as an resistance. But i first want to see some rejection around the current level. So wait and see how things turn out before getting into a position here. So probably at least a few hours more before i get in, maybe even tomorrow.



Previous analysis:

USDCAD Bearish Wedge Part 2
Note
Still waiting, probably until tomorrow even
Order cancelled
Did not even move as i wanted so invalid trade setup. Maybe if it starts to drop again below that trend line i might think of taking on this trade.

snapshot
Beyond Technical AnalysisCADCADUSDChart PatternsTrend AnalysisUSD
botje11
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