USD/CAD has daily pin setting up. We are at 50% fib of the latest swing high to low. The pin bounced off short term resistance and the round number of 1.25. possible short if daily bar finishes as a pin and price breaks the daily low?
what i dont like is all the noise to the left of the daily pin and the fact that we are in a sideways zone.
we also have another 61% fib breach of the 1.27 high to 1.20 low.
so reasons to look short, but main issue is all that NOISE to the left. Any thoughts CW? Thanks!
what i dont like is all the noise to the left of the daily pin and the fact that we are in a sideways zone.
we also have another 61% fib breach of the 1.27 high to 1.20 low.
so reasons to look short, but main issue is all that NOISE to the left. Any thoughts CW? Thanks!
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