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USDCAD short setup

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
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FX:USDCAD   U.S. Dollar / Canadian Dollar
USD (US Dollar) short correction Elliott Wave Stochastic Oscillator Divergence Fibonacci fibextensions retracement
8
2
usd-us-dollar short correction elliottwaves stochastic divergence fibonacci fibextensions retracement
Idea is based on Elliott Wave theory and Fibonacci ratio's. The rationale behind this setup is shown on the chart. Good Luck

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