USDCAD Snipe Setup

The market's price action algorithm has given us a potential short opportunity. I am looking at a low risk sell limit order at this level based on the pricing that has been accepted in these areas.

Please note that this setup is not guaranteed as nothing in the market is.

Pay attention to price action as it develops. This limit may or may not activate today, if it runs halfway to target, I will leave it alone.

Happy trading, never risk more than you can afford to lose in the market.