USDCAD ANALYSIS
Price formed bullish engulfing candle and is lining up for a nice short opportunity. Price have a lot room to the downside but we have to wait if price will form a nice double top pattern in which case we will have a great setup with great R:R ratio. I will not entering long position here because I will rather wait for a nice opportunity too go short.
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If you like my idea please press LIKE and you are welcome to share your thoughts in comments.
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