USDCAD Short - Golden Zone
Hey guys, here with another simple one!
Expecting price to retrace into the golden zone within 50% of the Fibonacci.
1. Sell limit order when in Golden Zone, sell is supported by previous support turned resistance.
2. T/P on the 40pip mark to the downside
Thank you!
Happy Trading
V
Notes--> RSI has enough steam to get into the golden zone at any given moment, CMF indicating money flow towards the upside to trigger sell order.
Expecting price to retrace into the golden zone within 50% of the Fibonacci.
1. Sell limit order when in Golden Zone, sell is supported by previous support turned resistance.
2. T/P on the 40pip mark to the downside
Thank you!
Happy Trading
V
Notes--> RSI has enough steam to get into the golden zone at any given moment, CMF indicating money flow towards the upside to trigger sell order.