USD/CAD - Reversal Zone Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Oct 23, 2018 4:55 PM

USD/CAD currently sits at a resistance point created by the downtrend and is showing signs of a triple top formation taking place. Use lower timeframes to enter a short position and wait for the profit targets to be hit.

Comment

⋅ Oct 24, 2018 3:36 PM

First fib level reached.

Trend Analysis Chart Patterns