Downside target for USD/CAD
USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.
Stock market: eBay met resistance
Trade idea
SELL 37.00; TP1 36.50; TP2 35.80; SL 37.20
The stock price of eBay Inc. formed a “Shooting star” pattern on W1. Notice that last week the stock tested 61.8% Fibo retracement of the 2018 decline (39.00). A correction to the downside is very likely now. The natural downside targets for the downside lie at 36.50 (50% Fibo) and 55.80 (100-week MA).
Elizabeth Belugina
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