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11021992
26. Jul. 2016 15:48

USDCAD short at the 127.2% Fibonacci extension Short

U.S. Dollar/Canadian DollarFXCM

Beschreibung

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

Order storniert

Removing this entry for now. Will wait and see what the FOMC meeting brings.

Kommentar

As long as price doesn't go below C, the entry remains valid.
Kommentare
shomonrobie
Price is oversold for long time on weekly time frame:

11021992
Yeah, price might not even get to my entry point, but I like to be prepared for any situation :).
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