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TradeYodha
Oct 29, 2015 11:41 PM

#USDCAD Fibonacci Confluence Long #Forex Idea  Long

FX:USDCAD240
U.S. Dollar/Canadian DollarFXCM

Description

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#USDCAD Fibonacci Confluence Long #Forex Idea

1. Fibonacci confluence of 78.6 of overall impulse leg, 61.8 of another impulse leg, 161.8 fib extension of recent retracement.
2. Flat candle in zone
3. Level on Level demand area
4. Possible formation of Bat pattern and Butterfly patterns

More analysis at: tradeyodha.com/trade/usdcad-bat-pattern-butterfly-pattern-fibonacci-retracement-confluence-flat-candle-long-forex-trading-position/

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