Using fibonacci and triangle pattern analysis, I'm looking to place entry points for my next USD CAD. With this in mind, I've placed a sell stop below the very important 0.764 level in case it drops below that and above the last high I've placed a buy stop. Remember I'm not suggesting the price will break out of the triangle pattern, i'm just looking for levels at which to place my orders. In this case, I believe I have found some pretty strong levels supporting both by triangle and fib.
Your thoughts please!
www.thealphagenerator.com
Your thoughts please!
www.thealphagenerator.com