I am taking advantage of USD weakness and CAD strength on H1, H4 and D.
Price:
- got stuck at 61.8% level and failed to go higher.
- is now below all EMA's.
- failed to stay above the daily pivot level which is the 50% fib retracement.
I am selling the pair now and will target the fib extensions as shown in my chart.
Trade at your own risk
Price:
- got stuck at 61.8% level and failed to go higher.
- is now below all EMA's.
- failed to stay above the daily pivot level which is the 50% fib retracement.
I am selling the pair now and will target the fib extensions as shown in my chart.
Trade at your own risk
Note
Took partial profits at these levelsTrade closed: target reached
A nice 140+ pip trade!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.