purpurato59

NFP opened a great opportunity

Short
purpurato59 Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
After last NFP jump, the trend in this pair is continuing the way it was before. This spike opened a great entry opportunity for a short. My signal activated and the risk/reward is quite good. This is online with the rise in oil that started last week.
Target for the long term unit is at the confluence of 1:1 projection and 1,27 fib extension.
Trade active:
First target reached, now let's see if we go down to the lower one.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.