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ttafa

USDCAD Retracement Opportunity

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
ttafa Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
I expect retracement from zone 1.2931 to 1.3010. 1.2931 is the 0.5 fib of the 05/17- 09/17 decline. 1.3010 is the 200 day SMA. The 01/17 swing low is at 1.2969.
Comment:
Price did not get to my planned entry levels. However, there was nice retracement from 1.2915 to 1.2715. Sometimes looking for perfect entries can miss big opportunities. BUT discipline is key in trading.
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