Drawback Over? - USD/CAD Ichimoku Short Trade Setup
The setup levels should look familiar as they match a previous breakout setup we had for USD/CAD.
I am looking for a rejection at this flat kumo level for a breakdown to major price structure support again.
It looks like we are already starting to form a bearish move down and I'll want to see it sustained with our normal ichimoku bearish signs.
If we fail to see a proper rejection here at the flat kumo level, or if the confirmations change to bullish, this setup may become invalidated.
I am looking for a rejection at this flat kumo level for a breakdown to major price structure support again.
It looks like we are already starting to form a bearish move down and I'll want to see it sustained with our normal ichimoku bearish signs.
If we fail to see a proper rejection here at the flat kumo level, or if the confirmations change to bullish, this setup may become invalidated.
Penafian
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