Even if I think down move will be a correction for one more upside instead of daily down impulse, I will take a short trade. I don't wanna miss any short trade setup under any circumstances, because the reward of down move can be huge. The structure looks like an expanding flat in 1H, so I have placed an entry order. After some drop, I will move my stop-loss to breakeven and I will leave it alone.

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Elliott Wavemedium-termshorttradeUSDCADWave Analysis

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