USDCAD short at the 127.2% Fibonacci extension
Hi traders,
On the USDCAD I am looking for a short entry at 1.33768. This is the completion of the AB=CD pattern, 127.2% Fibonacci extension and previous structure. The stop goes above the structure.
Entry: 1.33768
Stop: 1.35095
Target: 1.31685 = R:RR 1.57
On the USDCAD I am looking for a short entry at 1.33768. This is the completion of the AB=CD pattern, 127.2% Fibonacci extension and previous structure. The stop goes above the structure.
Entry: 1.33768
Stop: 1.35095
Target: 1.31685 = R:RR 1.57
Order cancelled:
Removing this entry for now. Will wait and see what the FOMC meeting brings.
Comment:
As long as price doesn't go below C, the entry remains valid.
