$USDCAD LONG AT MARKET

29 мар. 2017 г.

We're in a bullish market looking at price action on the daily. Price is trading back in the bullish channel from the key 1.2500 level. Possible ABCD pattern in development following a strong 90% fib retracement indicating a potential move up to 1.4000 key level. Taking off half of the position and rolling stops to break even at 1.3630, just below previous stucture support zone. Second half targeting 1.3820, just below the 61.8% fib retracement level of the bearish swing from 1.4700-1.2500. Trade responsibly, thanks for your support!