USDCAD Sell Setup

2 Tem 2018

On the previous weekly chart we can see 2 candle rejection and make a double top formation
we can try to find opportunity to sell this pair. for the rejection candle we can sell when price retrace 50 percent.
Or we can sell using 2618 trade setup when price pullback to level 61.8
so we can wait on the area of 0.5 - 0.618 to sell.
the first target price ie the previous low and the next target AB = CD

18 Tem 2018

Not

24 Tem 2018

Not