tempraturbo
Long

LONG USDCAD - 61% Fibo Retracement

FX:USDCAD   U.S. Dollar / Canadian Dollar
90 1 6
Potential LONG setup for USDCAD:
- my last short setup was closed on break even;
- clear up trend;
- 61% Fibo retracement near a support;
- price is near the hitorical resistance (1.40);

Wait for a candle reversal pattern near the 61% Fibo retracement and open a long position.

SL @ 76% Fibo retracement
TP @ 1.39900

Related Ideas

This setup was invalidated, no position was open.
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