#USDCAD: Your Trading Plan USDCAD is trading in a bearish | VasilyTrader (Free Forex Signals)

#USDCAD: Your Trading Plan

USDCAD is trading in a bearish trend on a daily.
The price is currently testing a key horizontal resistance.

Approaching that, the price formed a head & shoulders pattern on 1H time frame.
1.3522 - 1.353 is its neckline. To short with a confirmation, wait for its bearish breakout (1H candle close below that).

Sell aggressively or on a retest then.
Goals will be 1.3493 / 1.3456

Watch & Learn where to set stop loss for this trade