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Maveric12
Oct 6, 2019 8:04 PM

USDCAD Solid Resistance Short

OANDA:USDCAD240
USD/CADOANDA

Description

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Greetings

This is what I would consider a good example of resistance structure between the .5 and .382 fib levels. Price may break out and return to previous highs but I don't believe it will without retesting previous lows.

Enter at 1.32860 Stop 1.33533 Target 1.30273

happy trading

Trade active

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Sharp spike down, trade is active.
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