fan_hamadi

USDCAD Long opportunities!

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CAPITALCOM:USDCAD   美元 / 加元
UC has been in an UPTREND for most of this year.

I am personally interested in two areas; if one doesn't work out, i'll retry on the second. if that doesn't work out either, then it is what it is, it just a matter of risk management and psychology.

The first area is a combination of 4H SUPPORT and a 50 4H EMA and is a 38.2% Fib retracement,
The second area is mix of a TRENDLINE and 1D SUPPORT and a 68.2% Fib retracement.

The idea also has a preference of USD over the CAD, Fundamentally speaking
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