On the USDCAD daily chart we see a retracement from a 100 SMA weekly 1.2740 and a retest of broken wedge downside support zone 1.2950-1.3030. This zone should hold for a new lows and offer us an opportunity for new short entry with good RR.
For exact SL and TP levels Subscribe. How to trade with Pitchfork tool join our webinar.
Happy trading!
VIP Life-Time membership special offer.
We cover all Majors, Crosses, Indices and Commodities. You will get Live trading alerts real time on email, skype, viber, twitter private feed, NY session analysis of all major asset classes, Intraday tradable levels for majors, Intraday charts, Live trading sessions, Video analysis, Traders chat room, Trade Navigator free trial.