Possible Short on USDCAD

U.S. Dollar/Canadian Dollar FX:USDCAD

Brickhead

Possible short setting up on 4 hour Renko (10 pip Box size) chart. Red is sell zone if leg 2 plays out. Analysis “loosely” based on on Goodman Wave Theory.

Beginning of leg 2 may also serve as entry for countertrend trade.



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