ewhite41

UCAD Correction to Golden Ratio.

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
UCAD is currently in a correction. We are approaching the first Fib zone of .38. I expect UCAD to head to the Golden Ratio. I've entered in the trade 1.31750. 200 MA is sitting at the golden ratio for confluence. Once we complete this correction, we can expect the continuation to the downside.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.