USDCAD Trade…

[Pip Hunter]

I have spotted a new trade opportunity on the USDCAD.

See the chart below – daily chart.

I am looking at taking shorts on the smaller time frames at the 61 fib level and then targeting price moving back into support.

Any questions email me at at support@learnpriceaction.com or reply to this post.

Pip

 

[Pip Hunter]

Hope you guys were watching and trading along.

Below are the daily and 1 hour charts showing price move away lower from the major fib levels discussed and now past the first support level.

Any traders who took this short trade could now either move to break even or start looking for some profits as we look for price to move into the next major daily chart support level.

 

Daily Chart

 

1 Hour Chart

 

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