FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello traders , have a potential short on this pair. The initial move down has already begun but there are still 400 or so odd pips left in this pair. Also have another ab=cd pattern which completed on a lower timeframe
Looking to enter short from the 382 retracement of the completed ab=cd with target being the 1.26 area which would also complete another ab=cd pattern. Also i have shown on the chart how i expect the price to from there however it is in a very preliminary stage. However depending on the date that we get from the US might take the price up up to the trendline which might even give a better chance to short

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.