Short opportunity on USDCAD 15min chart
We are in the downtrend on Daily and I am expecting price to come down to 1.25673. I was looking for a place where to enter the market and I have found one on 15min chart.
Price has moved to 61.8 Fib Retracement and we have some fib confluence in this area which gives me a sell signal. My SL is above previous high with TP1 at the retest of previous low and TP 2 would be at 1.272 extension of previous HL and LL which also coincide with previous Daily support
Price has moved to 61.8 Fib Retracement and we have some fib confluence in this area which gives me a sell signal. My SL is above previous high with TP1 at the retest of previous low and TP 2 would be at 1.272 extension of previous HL and LL which also coincide with previous Daily support
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