Dollar Cad pulling back to value

It appears as tho we're about to retest the bearish wedge we broke out of during the first part of August. We have a shit ton of resistance in this area and appear to be forming a H&S formation as well.

Look for deceleration and a rejection of this resistance on the daily and intra-day for confirmation to get short. Ideally this pair tops out at resistance the same time USOIL bottoms at support.

I plan on holding this short for quite awhile and will gladly add to the position with pullbacks during the run down.

Order avbruten:

Ideal entry didn't present itself...