Buy Opportunity at the 38.2% Fibonacci Level (1.3704)
We are looking to buy at the 38.2% Fibonacci retracement level, which is at 1.37. Yesterday was a big profit day for us 70 pips profits, especially with multiple pairs including USD/CAD, which saw significant upward movement.
- Current Trend: We remain bullish overall.
- Correction A correction is coming before the bulls return This correction has plenty of room to move lower without impacting the higher trend.
Target: Our target for this move is 1.3743, which aligns with yesterday's high.
Entry Details:
- Entry Level 1.37048 (38.2% Fibonacci retracement level)
- Target: 1.3743
- Stop Loss: 1.3658
This setup aims to capitalize on the potential continuation of the bullish trend while managing risk effectively.
- Current Trend: We remain bullish overall.
- Correction A correction is coming before the bulls return This correction has plenty of room to move lower without impacting the higher trend.
Target: Our target for this move is 1.3743, which aligns with yesterday's high.
Entry Details:
- Entry Level 1.37048 (38.2% Fibonacci retracement level)
- Target: 1.3743
- Stop Loss: 1.3658
This setup aims to capitalize on the potential continuation of the bullish trend while managing risk effectively.
Trade active:
Chane stop loss to 1.363
Take profit to our entry 1.3704
Take profit to our entry 1.3704
Trade closed manually:
Closing at 1.3664
new trade coming
new trade coming