USDCAD Trade IdeaI am only looking to buy as I can see the market is currently bullish on the weekly and daily time frame.
The last bullish impulse move took place and I want to see if the pullback is a correction by testing the 61.8% fibo level.
IF a buy signal prints on the 61.8 retracement level (1.32611) I will open a buy order with my stop below support and targeting resistance.
Don't bet the farm - always exercise good risk management :)
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