FibsNProfits

USDCAD potential short term buys before another big sell off.

FibsNProfits Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD appears to be in a H4 TF accumulation schematic. The last two days have provided the opportunity for short term buys with a moderate risk to reward. I will be looking for confirmation on the type of schematic that USDCAD will continue to print. For the upcoming weeks, I would be looking for a pull back into a discount range for another round of short term buys to target the daily candle around 1.3000. From there I will be looking to enter sells to target a new lower low off the Daily TF.
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H4 View

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