USDCAD Short Trade

8 Tem 2018

USDCAD recently broke previous Swing High (SH) with strong bearish candle.

Last week Swing High was rejected by Monthly level.

Price formed A, B and C, D movements are exactly the same, so I'm looking on B, C line. Another great thing is that "D, E" line precisely hits the weekly level!

Let me know what you think down in the comments!