Price has reached the resistance line and showed some rejection but we have to wait for retest before entering. Not financial advice. Do your own analysis and confirm it.
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This trade is based on top down analysis. You can check weekly TF and see the red candle.
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Price has retested the level and showing rejection.
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Price is showing rejection but waiting for NY Session for huge down move.
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Setup still valid. Don't worry, price is going to reverse again from that point because there is a long upper wick on the candlestick
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I shorted more USDCAD since it has reached the supply zone and made a long upper wick candlestick. Have to wait for NY session for price to move down.
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Closed the trade manually because couldn't wait for too long. Congrats on those who followed this trade.🎉
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