USDCAD Short Term Sell Opportunity

Good chance of a third leg down towards the 1.30 zone.

W1 - Main direction is down and this could be a great opportunity to join the bears while the momentum lasts.

Until the price reaches the 1.30 zone, any pullback (preferably in double waves) is a sell opportunity for us.

You can apply Forex Triple and/or sRs here (free download links below).

Once the zone we are looking for is reached, we will re-analyze the situation and start looking for buys if a setup presents itself.