USDCAD Long
Updated
Price broke through 4H descending trendline, came back to retest at the same point of bouncing from ascending daily trend line and 61.8 78.6% Fib. Price is now breaking through orange resistance area, therefore once 2H candle closes above I will be moving my SL to profit. Target 1: 1.3210 (0%) - Target 2: 1.3264 (-27%) to complete ABCD fib pattern.
My trade was placed on Friday 24th (late post). My entry was perfect, very happy with this analysis.
My trade was placed on Friday 24th (late post). My entry was perfect, very happy with this analysis.
Note
Target 1 HIT!Note
Target 2 HIT! 187 PIPs in profit :DTrade closed: target reached
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