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U.S. Dollar / Canadian Dollar
Short

SHORT DOLLAR LOONEY (USDCAD)

93
As I posted previously short opportunity on the USDCAD is now on after a break below the sell zone marked by the gold rectangle. Practically all criteria for this trade have now been met, although I'll be eyeing today's close to gauge trade conviction. I did take this trade early on 08.24 @1.30231 and am sitting on +110 pips (x2 lots). TARGET ONE is @1.26620, 360 pips from my official technical entry @1.3023.
thetradeWELL
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Fibonacci ExtensionTrend AnalysisUSDCADusdcadshort

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Fibonacci ExtensionTrend AnalysisUSDCADusdcadshort
thetradeWELL
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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.