USDCADsell setup

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I will be looking to sell the breakout.
Remember the consolidation can still continue so don't jump in before it confirms the breakout.

Trade with care

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ملاحظة

still a sell

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ملاحظة

OK so the CAD did not correct and break it just reverse. If you took the early breakout without waiting for the correction, I hope you got at lease a BE trade.
Now I am waiting for a downwards correction then the buy , if it reverse again then I'll be looking for some wedge pattern in the making .