Description :
Looking at the H4 chart, my overall bias for USDCAD is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market structure. Looking for a pullback sell entry at 1.33524, where the overlap resistance is. Stop loss will be at 1.34280, where the recent swing is. Take profit will be at 1.32259, where the previous swing low was.
Trading Recommendation
Entry: 1.33524
Reason for Entry: Where the overlap resistance is
Take Profit: 1.32259
Reason for Take Profit:
Previous swing low
Stop Loss: 1.34280
Reason for Stop Loss:
Recent high
