USDCAD short at the 127.2% Fibonacci extension
Hi traders,
On the USDCAD I am looking for a short entry at 1.33768. This is the completion of the AB=CD pattern, 127.2% Fibonacci extension and previous structure. The stop goes above the structure.
Entry: 1.33768
Stop: 1.35095
Target: 1.31685 = R:RR 1.57
On the USDCAD I am looking for a short entry at 1.33768. This is the completion of the AB=CD pattern, 127.2% Fibonacci extension and previous structure. The stop goes above the structure.
Entry: 1.33768
Stop: 1.35095
Target: 1.31685 = R:RR 1.57
Order cancelled
Removing this entry for now. Will wait and see what the FOMC meeting brings.Note
As long as price doesn't go below C, the entry remains valid.
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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.