Selling USD/CAD
Updated
I am taking advantage of USD weakness and CAD strength on H1, H4 and D.
Price:
- got stuck at 61.8% level and failed to go higher.
- is now below all EMA's.
- failed to stay above the daily pivot level which is the 50% fib retracement.
I am selling the pair now and will target the fib extensions as shown in my chart.
Trade at your own risk
Price:
- got stuck at 61.8% level and failed to go higher.
- is now below all EMA's.
- failed to stay above the daily pivot level which is the 50% fib retracement.
I am selling the pair now and will target the fib extensions as shown in my chart.
Trade at your own risk
Comment
Took partial profits at these levelsTrade closed: target reached
A nice 140+ pip trade!Related publications
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