USDCAD short entry for a few reasons Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Nov 24, 2016 9:06 PM

Hi guys,

On the USDCAD 1H chart I'm looking to enter short at 1.35546. Chart got a bit messy with the fibs. At this price the AB=CD=EF pattern will be completed and we have a 127.2% Fibonacci extension and a 200% Fibonacci extension at this price.

Entry: 1.35546
Stop: 1.35918
Target: 1.34992 = R:RR 1.49

Good luck! :)

Order cancelled

⋅ Dec 2, 2016 2:07 PM

Pattern invalid.