this chart is the hourly chart on USDCAD but my analysis starts as usual on the daily tf where we had a nice candle at previous resistance with overbought condition. This give me a nice background to look for selling signals. As we go down on lower timeframes you can see the candle represents a sharp impulse to the downside that broke the ascending . This means we can now look for shorting opportunities as it retraces back to previous structure. In this case it seems to form an pattern that allowed me to outline a reversal zone where i can seek for trading opportunities.
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Otherwise, see you in the next chart!