USDCAD Pre-London Open

Overall trend bias-bearish

Short entries on 3 potential scenarios

Scenario 1- Break of support structure-->retest resistance--> short entry
Scenario 2- rejection of resistance level 38.2--> short entry
Scenario 3- break of 38.2-->retest--> rejection from 23.6--> short entry

What do you think?
Candlestick AnalysisdaytraderFibonaccikeystructurelevelspriceactiontradershortentryshortsetupSupport and Resistance

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