USDCAD Short using daily resistance and fib Short

USD/CADOANDA

Description

⋅ Sep 17, 2018 7:33 AM

USDCAD has seen bearish movement, we need it to pullback to the fib level of 0.5 and then we can expect it to head back down to 1.29, we have our daily resistance at 1.32 and 1.28.

Comment

⋅ Sep 18, 2018 4:16 PM

Hit .5 fib heading down to tp

Comment

⋅ Sep 19, 2018 7:12 AM

+100 pips on short since .5 fib was hit

Comment

⋅ Sep 20, 2018 5:10 PM

TP Hit, good trade.