USDCAD
THE POWER OF FIBONACCI IN THE PRICE ACTION!
After every impulse there's a correction!!
I am anticipating a push downwards. However, i am expecting a correction before the price can go down further for a continuation pattern. So we're looking for a sell!
Reason for this anticipation is; looking for the recent swing high 1 to 0 Fibonacci levels, we have had 3 levels of the market fall. So, after every 3 levels, the market is always more likely to go for a strong correction covering all the levels!
so, take a look at how i used my Fibonacci. This is a skill observed for about 2 years in the game!
#Fibonacci
After every impulse there's a correction!!
I am anticipating a push downwards. However, i am expecting a correction before the price can go down further for a continuation pattern. So we're looking for a sell!
Reason for this anticipation is; looking for the recent swing high 1 to 0 Fibonacci levels, we have had 3 levels of the market fall. So, after every 3 levels, the market is always more likely to go for a strong correction covering all the levels!
so, take a look at how i used my Fibonacci. This is a skill observed for about 2 years in the game!
#Fibonacci
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