USDCAD
The pair is having a bearish outlook. The pair has completed its Fibonacci retracement and has the U-turned at the .618 Fibonacci retracement level. Traders are to enter Short with a Stop loss 15 pips beyond A at 1.3420 (273 pips), and a Limit 10 pips before the D extension level at 1.2522 (617 pips)
The Risk to Reward ratio = 1 : 2.3
NOTE: NEVER TRADE BELOW A 1 : 1.5 RISK REWARD RATIO!
To your trading success, Fx-Kalapanzy
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