Menelo2022

USD/CAD potential short opportunity in sight

FX:USDCAD   Dollar Américain / Dollar Canadien
Here's an interesting setup. We have two strong (multiple times tested) hagopian lines. I'm interested in the support (green line) breakout. If the price bounces at the resistance (blue line) and breaks the green, it's a good position to go intraday short. No CAD nor USD related news today. However do not go short unless the breakout is confirmed. Ideally the price will bounce at resistance line and break the support.

Orange circle is something I'd consider an entry area.

Good luck.
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