🔻 $USDCAD/4H BEARISH MOVE THEN REVERSAL — POTENTIAL DOUBLE-PLAY TRADE!
USDCAD faces rejection from the 1.3849–1.3860 resistance zone and is now heading toward the 1.3700–1.3685 support range. If price bounces cleanly from this lower level, we could see a strong recovery back toward the supply zone. Ideal for both short and long opportunities!
TRADE SETUP
🔸 Short Entry: 1.3820 – 1.3849
🔸 TP1: 1.3700
🔸 SL: 1.3870
Then Watch For Reversal:
🔸 Long Entry: 1.3700 – 1.3685
🔸 TP: 1.3849 / 1.3860
🔸 SL: 1.3650
📊 WHY THIS SETUP?
Clear supply rejection followed by bearish candles suggests near-term downside. However, the highlighted support has previously held well — setting up a potential bounce and reversal opportunity with proper confirmation.
⚠️ Risk Management Reminder:
Only enter on price confirmation and candle structure. Use tight stop-losses and manage positions wisely.
🚨 Follow community — be early, be profitable! Tap in before the market leaves you behind because every trend rewards the bold.
💬 Trade both legs — first short, then reverse long. Double reward if timed smart!
buy and trade here on $USDCAD