We are in the downtrend on this 
USDCAD pair. Price has found a support and that's were we at right now. If the price comes back up to the area market on the chart, I will be looking for Short entry. The area marked in blue is a decision point which has confluece levels of various Fibs and harmonic move. Stops are going above this previous high with 2 targets in mind. First one at 38.2 retracement from swing low to swing high of the same move and the second target would be at 61.80 retracement. It's 1:1 RR to target 1 and 1:1.6 to target 2
USDCAD pair. Price has found a support and that's were we at right now. If the price comes back up to the area market on the chart, I will be looking for Short entry. The area marked in blue is a decision point which has confluece levels of various Fibs and harmonic move. Stops are going above this previous high with 2 targets in mind. First one at 38.2 retracement from swing low to swing high of the same move and the second target would be at 61.80 retracement. It's 1:1 RR to target 1 and 1:1.6 to target 2Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.