TheBulltrader

USDCAD Big win or little loss

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
12
On Usdcad, we have a huge opportunity for long. Usdcad has gone down into previous supportive area where the last daily candle closed as green doji. The fibbonacci retracement is at .382 from last high. This buying zone was the last support from the last high as well. Overall, this is a great buying area into a bullish trend where I am expecting take profits right below 1.37; Risk = 6.15%, Profit = 84%.
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