Long positions on USDCAD using fibonacci retracements.
Updated
In this image we can observe the impulse the chart is having on 4h. Now just touching the -27 retracement we are waiting for the chart to move down a bit to enter a long position aming for 1.3143 level.
Trade closed: target reached
We ALMOST got our stop loss hit. But we then saw an insane rally to the upside reaching our target.
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.