Something to look for...
We are in the downtrend on this 
USDCAD pair. Price has found a support and that's were we at right now. If the price comes back up to the area market on the chart, I will be looking for Short entry. The area marked in blue is a decision point which has confluece levels of various Fibs and harmonic move. Stops are going above this previous high with 2 targets in mind. First one at 38.2 retracement from swing low to swing high of the same move and the second target would be at 61.80 retracement. It's 1:1 RR to target 1 and 1:1.6 to target 2
USDCAD pair. Price has found a support and that's were we at right now. If the price comes back up to the area market on the chart, I will be looking for Short entry. The area marked in blue is a decision point which has confluece levels of various Fibs and harmonic move. Stops are going above this previous high with 2 targets in mind. First one at 38.2 retracement from swing low to swing high of the same move and the second target would be at 61.80 retracement. It's 1:1 RR to target 1 and 1:1.6 to target 2Trade fermée: cible de profit atteinte
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.