Hello everyone, I share my next trade idea to enter short, in the USD CAD pair, as an analysis, I share my following points for which I decide to enter short:
1* The price made a double top in the area marked by the yellow rectangle, rejecting 1.39000
2* After having broken the bottom of that double top, the price continued to fall and has now made a pullback to the area marked in pink
3* The price having reached the price of 1.38500 rejection with a shooting star type candle. which I have wrapped in a blue circle.
4* In a period of 15 minutes I have marked a mini trend with a green line which has been broken to continue the downward trend.
1* The price made a double top in the area marked by the yellow rectangle, rejecting 1.39000
2* After having broken the bottom of that double top, the price continued to fall and has now made a pullback to the area marked in pink
3* The price having reached the price of 1.38500 rejection with a shooting star type candle. which I have wrapped in a blue circle.
4* In a period of 15 minutes I have marked a mini trend with a green line which has been broken to continue the downward trend.