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DaveGoody

Very nice and strong resistance level at USD/CAD

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
DaveGoody Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Support and Resistance Candlestick Analysis candlestickpattern Fibonacci Retracement USDCAD
5
0
trendanalysis supportandresistance candlestick candlestickpattern fibonacciretracement usdcad
We can see at first nice resistance level at 0,618 Fibonacci retracement plus resistance level of previous breakout of the trend. On the Daily chart we can see touch of level 100 EMA (White one) and the Daily downtrend. Trade at the end of 4h candle or sooner.
Take profit at the 50 pips or at the 0,50 Fibo retracement and Stop loss at the 30 pips like on the picture. Happy trading fellas. -DaveGoody
Trade closed: stop reached:
Unfortunately it goes to the stop loss. Thanks for support :)
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