jastitrader

Short term sell and then a buy in usdcad according to H1

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Usdcad is on a bullrun from past 4weeks. On friday it has reached its 30day high 1.26200 and which is also a strong resistance zone . And also the threshold conditions are in overbought zone in H1 and H4 timeframe. According to that I had drawn a pattern for sell near 1.26000 and above after that for a buy near the fibonacci 61.8 level at 1.25200 to aim 1.26500 the next strong resistance level

Comments