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JamesSpindler
Nov 19, 2020 3:02 PM

USDCAD BEARISH - UPSIDE REJECTED Short

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD has swung bearish today after a long test this morning on the fibonacci line shown.
Comments
afffiq8
but if you look at the H4, there is a bullish engulfing. that means, you might see a demand zone. what do you think about that?
JamesSpindler
@afffiq8 I don't believe it had finished painting at the time of the analysis 😊 - sorry for the late reply!
bneuropelimited
I agree. Im with you on this
JamesSpindler
@bneuropelimited, awesome! :)
bneuropelimited
@TelegramFX, and so it begins :)
JamesSpindler
@bneuropelimited, Took profit on that huge downward swing, now back in for round two - still looking bullish just added risk on second entry!
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