ZhiHoong

USDCAD 06/04/2020 [UPDATED]

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
I have opened a short position when the market opened today. But the price seems to have a little bit choppy/ranging at the moment. I have decided to close the position first and wait for a better possibility to enter the market again.
At the moment, I will wait for a retest at Fib evel 0.618 and enter for short position.


Kindly take note that my analysis is based on COT report and technical analysis .
Always keep in mind that we always reacting to the market instead of predicting the market.
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