USDCAD SHORT- On the break and close below 4h TLI think we may have finished retracing for now and heading down.
-I want a break and close below the 4h trend-line in blue here
-Coincides with fib 0.618 retracement
-ABCD Structure in play
-We just bumped our heads on major monthly resistance of 1.4000 and held below
-A lot of long wicks around the 1.4000 too
-Targets as shown
-Another reason why we could be coming down is look left recent support when broken becomes resistance