I am bullish on the USD against the CAD in the near term.
However , would like to see price correct to the .786 retracement level of the prior swing ( which could be an impulsive minor 5.1 wave ) .
Entry - between 130.80 and 131.40
Stop - below swing low
Target - 6.18 fib extension to 1.3550
RR = 5
However , would like to see price correct to the .786 retracement level of the prior swing ( which could be an impulsive minor 5.1 wave ) .
Entry - between 130.80 and 131.40
Stop - below swing low
Target - 6.18 fib extension to 1.3550
RR = 5
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.