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BenCheungFx

USDCAD Massive opportunity

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
BenCheungFx Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Head and Shoulders Fibonacci Trend Lines
10
1
headandshoulders fibonacci trendline
Daily descending trendline 3rd touch.

Hourly ascending trendline broken off a touch from the daily trend. Using this breakout we can use our fibonacci and as we see around the 0.5 level we actually have the resistance of the left head. Potentially a good short opportunity off the level.
Comment:
Price has now rejected the daily trend line and the 0.618 fibonacci level. I am entering this trade now
Trade closed: target reached
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