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InvstingWise
Dec 15, 2017 5:24 PM

USDCAD long term trade Long

U.S. Dollar/Canadian DollarFXCM

Description

Big picture shows that price could potentially go to 61.8 fib area. 200 Moving Average acted nicely as resistance level. Entry triggered when price bounced at the golden ratio level of last impulse and the Bollinger Bands. Stop loss is moved to profit to let the trade go.

Comment

Move stops to 1.2835 or scale out your position.
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