USACAD has started a downtrend with the third lower high, rejecting perfectly off the 382 fib, we can take some profit along the blue marked zones and the final leg I have marked around the 786 fib as the final take profit. We could see a retracement upwards to the 50% of the red candle, or even higher to form another lower high, in which case I will again add to more sell positions.
Trade closed manually
Trade close want to see how this plays out
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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.