Great Sell Entry, Excellent R:R

Not trade advice, just an idea.

Excellent sell entry here. Exact entry will be difficult to time perfectly, but anywhere here around the trendline provides a great risk to reward play. Stops just above wave 2. USDCAD is still headed down to complete the corrective structure. Will cover at the bottom of the corrective structure. RSI is oversold on 1h and 4h.
Wave Analysis

Haftungsausschluss