USDCAD Short Trade *BEARISH W PATTERN*

Simple bearish W pattern trade on USDCAD.

Price is rejecting this 4hr resistance zone and the fib 0.5 level has been respected. Nice wick candles forming to show this level is holding quite a few short orders.

I am targeting the Fib extension level down around the 1.32 key support zone.

I will manage this trade accordingly and move to risk free when bearish momentum comes in.

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