USDCAD Heading to a confluence zone
the currency pair is headed to a confluence zone i.e fib level 61.8, trendline, and a strong support zone turning potential resistance.
entry price is the fib level 61.8, stop loss is the fib level 0 and take profit is the fib level 100. looking to take partials at different levels.
NB; wait for a reason to enter at that point. e.g macd or candlestick pattern. i'm personally looking for an engulfing candle or pinbar
entry price is the fib level 61.8, stop loss is the fib level 0 and take profit is the fib level 100. looking to take partials at different levels.
NB; wait for a reason to enter at that point. e.g macd or candlestick pattern. i'm personally looking for an engulfing candle or pinbar
Commentaire:
sorry tp is 0 while sl is 100