USDCAD Short set up
U.S. Dollar/Canadian Dollar FX:USDCAD
USDCAD had a bullish engulfing candle on daily chart followed by rejection at key level at 1.32230 on 4 hourly chart suggesting likely short set short up.
Suggested set up:
Entry @ 1.32230
Stop loss @ 1.32723
TP1 @ 1.31475
TP2 @ 1.30810
TP3 @ 1.30016
TP4 @ 1.29290