4H short set-up for USDCAD for US session

Price are now back to the swing-high level of 1.330 area. However this area was pretty congested during June period which lead me to believe price is highly to get rejected again, at least for short term. 1.324 seems to be a short term support (on 1H time frame). Break this price level could mean a drop towards 1.313-1.316 area, which give us about 100pips to play with. Wait for US session to make the trade. Do not enter during off session. Do take note that on 4H/1H time frame, this is a counter trend play. The chances of getting stopped out is high. Take this trade with proper risk.

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Trade chiuso: obiettivo raggiunto:

Target reached! Time for bed!