Potential LONG setup for USDCAD:
- my last short setup was closed on break even;
- clear up trend;
- 61% Fibo retracement near a support;
- price is near the hitorical resistance (1.40);
Wait for a candle reversal pattern near the 61% Fibo retracement and open a long position.
SL @ 76% Fibo retracement
TP @ 1.39900
- my last short setup was closed on break even;
- clear up trend;
- 61% Fibo retracement near a support;
- price is near the hitorical resistance (1.40);
Wait for a candle reversal pattern near the 61% Fibo retracement and open a long position.
SL @ 76% Fibo retracement
TP @ 1.39900
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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.