CAD/HKD long using fib retracement
Checked the 4 hour chart and I see potential uptrend.
Retested two points of support, first one shows 0.618 and the second one shows both 0.618/0.50 which can conclude that it will in the future retrace to those levels due to confirmation from previous support levels shown in this analysis.
Looking to take profit at the 1.618 on the fib extension.
Retested two points of support, first one shows 0.618 and the second one shows both 0.618/0.50 which can conclude that it will in the future retrace to those levels due to confirmation from previous support levels shown in this analysis.
Looking to take profit at the 1.618 on the fib extension.
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