USDCAD 1hr Bullish 12/3/2018

3 Ara 2018

We have a pull back happening to retest the resistance level that was broken. The 78.6 Fib level is lining up with new found support level. Set a buy limit order at the 78.6 fib level. Set your Stop Loss to 30 pips. Move your stop loss into 2 pip profit once you are 15-20 pips in profit. Also, be aware that price may not pull all the way back to the 78.6 perfectly. Price may continue upward without a touch of the fib.