USDCAD .618 fib level tested, inside bar
Updated
Inside bar broken to the downside after we tested a .618 retrace of bearish swing from end of June. Expecting the price to retest the breakout of the downward channel and corresponding horizontal resistance, now support. Its a bit risky considering the Canada GDP data are due tmrw morning. But I like the set up.
Dan
Dan
Trade closed: stop reached
Dan
PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)
PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)
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