A double bottom is now taking place on USDCAD at 1.36.
Price have now retraced and seems to be stuck under the 1.346 price zone (previous lower low).
Entry: market Stop: 1.352 (few pips over the 0.618 retracement level on the 60min chart) Target: 1.32 (0.764 fib retracement level + daily trend line) Risk ratio: 3/1
İşlem aktif
Not
Stop was moved to breakeven.
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Price touched the 0.618 retracement level and bounced back following the FOMC meeting. I might consider closing the position manually in profit and go back short when price reach back 1.3380.
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