Potential 2618 trade on the USD/CAD 1hr chart
We have had the double top confirmed by having a break of structure to the downside, we are now looking for the retracement back up into the 0.618 fib level for a chance to get short
Entry is at 1.3195
Stop loss is at 1.3243
Target 1 is at 1.3146
Target 2 is at 1.3100
Entry is at 1.3195
Stop loss is at 1.3243
Target 1 is at 1.3146
Target 2 is at 1.3100
Trade active
Trade closed: stop reached
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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.