USDCAD Short Term Sell Idea
D1 - Bearish hidden divergence, we have also have two downtrend line and the price is currently nearing them.
H4 - Bearish divergence
H1 - We have two critical zones that has formed based on the fibonacci expansion levels of the waves we have.
Price has reached the first critical zone we may now look for bearish setups with more bearish evidences in order to start looking for short term sells.
Alternatively if the price moves higher then the next area to look for bearish setups with bearish evidences in order to join the short term sells would the second critical zone.
H4 - Bearish divergence
H1 - We have two critical zones that has formed based on the fibonacci expansion levels of the waves we have.
Price has reached the first critical zone we may now look for bearish setups with more bearish evidences in order to start looking for short term sells.
Alternatively if the price moves higher then the next area to look for bearish setups with bearish evidences in order to join the short term sells would the second critical zone.