USDCAD ALL THE WAY DOWN??

9 авг. 2019 г.

USD CAD - I have been holding a short on this pair for quite some time, after this pair reached the resistance [1.3339] also the 78.6% Fib Retracement which resulted in me adding more positions as I knew this is where this pair would reverse. This pair also formed a basic head and shoulders pattern along with the resistance AND the 78.6% It had the be the reversal point. The pair also shot past the support at around [1.32709] the 61.8 fib retracement and came back to retest and got rejected, on top of this it also broken the ascending support and also came to retest. From here I have moved my sl at around [1.32778] and will hope to hold this pair all the way down to [1.30188]. I can easily see this pair hitting my desired target and will update if I close or change the current positions.


For more information or anything else feel free to message me on my WhatsApp: [phone]

If some of my analysis is also wrong please feel free to give me information haha im not the best trader still learning. Thank you