U.S. Dollar / Canadian Dollar
Long
Updated

USDCAD Long Idea

Price seems to bounce at Fibo Retracement Level; which was also within the lower area of the red box highlighted. Awaiting price to close above the red box with a confirmation candle before taking a long trade.

Note
Price has went below the red box area; hence a short position was taken instead
Note
Short position was closed :)

Disclaimer