POSSIBLE SHORT OPPORTUNITY ON THIS PAIR.

USDCAD H1

MARKET IS BEARISH ON THIS CHART, 55 ABOVE THE 21. PRICE HAS PRINTED LOWER HIGHS AND LOWER LOWS AND ITS CURRENTLY MOVING IN A DOWNWARD CHANNEL. WPP IS CURRENT RESISTANCE, FURTHER RESISTANCE IDENTIFIED AT WM3. I HAVE PLACED A TIGHT STOP BECAUSE OF THE H4 CHART.

USDCAD H1 POST TRADE PLAN

THIS PLAN PLAYED OUT BEAUTIFULLY. SOLD AT WPP AFTER PRICE PRINTED LH & LL, AND PRICE FELL AS PREDICTED.

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