TheBulltrader
Short

usdcad Short near top of channel

FX:USDCAD   U.S. Dollar / Canadian Dollar
118 0 1
Last Friday, I entered a short on usdcad             at 1.323 as it hit my 1.272 fibbonnaci from Point 1 to Point 2 (last high from 1.276 to 1.314) We also have a double top and potentially a triple top in this zone. With the fed rate hike decision this week, we are either going to go back down to hit bottom of trendline or we are going to see a break above the channel. Best of wishes.
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