USDCAD: Triple Rejection at Equilibrium — Short Setup Activated

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USDCAD: Triple Rejection at Equilibrium — Short Setup ActivatedUS Dollar / Canadian DollarEASYMARKETS:USDCADMRezaNiazi-fxUSDCAD Price has repeatedly failed to break above the equilibrium level across Monthly, Weekly, and now Daily timeframes. This triple rejection — combined with trendline confirmation — builds a high-probability bearish setup. 📊 Monthly: Multiple attempts to break the monthly equilibrium failed. Sellers continue to defend this zone. 📊 Weekly: The weekly equilibrium also held firm. No breakout — only rejection. Bearish bias reinforced. ⏱ Daily: Price is now testing the daily equilibrium. A clean rejection here offers a logical short entry with a tight stop. 📈 Trendline: The descending trendline confirms the rejection, adding strong confluence to the setup. 🎯 Trade Plan: • Direction: Short • Entry: 1.42560 • Stop Loss: 1.43002 (risk: 44 pips) • Target: 1.39941 (reward: 262 pips) • Risk/Reward: ~1:6 🧠 Bias: Bearish — triple timeframe rejection + trendline confirmation. A break above the stop invalidates the entire setup. ⚠️ Not financial advice. Manage your risk.