Potential trade setup: USD/CAD analysis

Por danresdidualfx
Actualizado
Price retraced to the expected region, awaiting for spikes towards the highlighted region for potential short entries. the 1.3450 zone is a key 61.8% retracement region with the counter trendline acting as additional confluence, price is currently trading within a 4HR consolidation box if the candle closes below to the downside, then we can expect the price to show further momentum to the downside.
Operación cerrada: objetivo alcanzado
Chart PatternsconfluencesFibonacci RetracementTechnical IndicatorsinstitutionallevelspriceactionreversalTrend Analysis
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