A NICE SHORT SET UP IN USD/CAD - TREND FOLLOWING TRADING METHOD
Higher TF - Weekly - Price about to break 200 ema.
Next level TF - Daily - Price below 200 ema. All major EMAs sloping downwards. Value zone pullback towards an area between 20ema and 50ema complete post which a good bear domination validates a short set up for an inital target of 1.2420-1.2425 which is the next support setup.
Next level TF - 4H - Price below 200 ema. Nice H&S pattern complements the short setup.
Next level TF - Daily - Price below 200 ema. All major EMAs sloping downwards. Value zone pullback towards an area between 20ema and 50ema complete post which a good bear domination validates a short set up for an inital target of 1.2420-1.2425 which is the next support setup.
Next level TF - 4H - Price below 200 ema. Nice H&S pattern complements the short setup.
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