McbmMM

Audcad, Fibernacci retracement 0.786 Tradning. "long" Daily.

FX:AUDCAD   Australian Dollar/Canadian Dollar
Hello, here we go Again.
Ill wait for the conformation on the dailey chart, and take the trade for 0.786 strategy.
We just broke over the "old HH" afther that, we will wait for the 0.786 retracement , from the HL- HH

Targets:
1.02332. "a few pips from the previous HH"
Stop loss:
0.99900. under the previous HL.

let's wait for the retracement and see.

RSI:
60 almost, and "in my option still pretty close to oversold. "70"
Trade closed: stop reached
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