USDCAD H4 | Bearish reversal

Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.3422, which is an overlap resistance.

Our take profit will be at 1.3355, an overlap support that aligns with the 161.8% Fibo extension

The stop loss will be placed at 1.3497, a pullback resistance level.

Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 187.35, which is an overlap resistance.

Our take profit will be at 186.13, a pullback support level.

The stop loss will be placed at 188.50, which is a swing-high resistance level."