USDCAD SHORT AFTER 61.8 FIB MET

after the 61.8 fib has been met i favour a short down to the first target of the -27.00 fib with a stop loss of 15 pips above the 78.60 fib

Comment:

so we pulled just above the 61.8 fib by a couple of pips but we are defiantly heading in the right direction as of now you could close with a profit of 93 pips but ill be holding this one out till we hit TP or ill close just before 10 as its a friday!! But its a very high chance we should hit the -27 fib as there is no economic news to get in our way.

Trade closed: target reached:

TRADE COMPLETE 114 PIPS....