For this pair i'm looking to sell at 0.50 - 0.618 area of fibo retracement . cutloss if cs close solid above that level or put sl 20-30 pips above that level .
I'm looking to short USDCAD and waiting the price to go area between 0.382 - 0.6 . however i will likely to wait at 0.5-0.6 area . will cutloss the position if the candle close solid (candle Daily) above 0.618 or you can put sl 20-30 pips above depend on your risk management .
