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Fxprotrader
Sep 26, 2016 6:33 AM

USDCAD: Great Risk/Reward Ratio Sell Setup Short

U.S. Dollar/Canadian DollarFXCM

Description

After a impulsive down move, price has retraced into a corrective structure and is about to test the slide parallel of a valid slope median line. Selling at that level where we also have the 0.786 fib retracement level of the impulsive is a very good idea. Aiming to the median line we will have a great risk/reward ratio trade setup (about 5:1 or more).

Have a nice trading week, thank you very much for all your support..!
Comments
btM_Afta
Isnt going well ..
pip_hunter
Hi Fx,
And how are you ? what are your thoughts on the following sell set up on Aud/Chf ?

twitter.com/kevsta35/status/780658622367805440




Fxprotrader
What pattern is this?
fxxxxtrader
GREAT JOB!!!!!!
rigen
i am in . Thank you.
Fxprotrader
Ok good luck mate..!
prince125700
SL?
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