USDCAD Touching the Bearish Trendline | 22 May 2020 Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ May 22, 2020 5:32 AM

USDCAD is touching the upper band of the bearish trendline and could reverse off the 78.6% fibonacci retracement and extension.

Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Until next time, see ya!

Trade active

⋅ May 26, 2020 1:31 AM

TP 1 hit

Trade closed: target reached

⋅ May 28, 2020 12:26 AM

TP2 hit

Comments

Yakir

⋅ May 26, 2020 1:30 PM

EXCELLENT JOB AND FORECAST
THANKS

FXCM

⋅ May 27, 2020 5:48 AM

@Yakir, glad you find it helpful

Fxhameed

⋅ May 22, 2020 11:21 AM

Please I want to know well how to draw fibonacci on the chart. Its not cleared how you did it. Thanks

FXCM

⋅ May 27, 2020 5:48 AM

@hammed070, you can refer to the USDCAD video analysis that published on the same day

nrmt2010

⋅ May 22, 2020 10:19 AM

Thanks for snapshot. Have a nice weekend...