Here USDCAD had completed a harmonic AB=CD Pattern, and has reversed off of the 1.618 extension of the AB impulse leg.
I expect the pair to retrace to the confluence zone between the 38.2% retracement of the AD impulse leg and horizontal resistance level.
From here I will look for further shorts
I expect the pair to retrace to the confluence zone between the 38.2% retracement of the AD impulse leg and horizontal resistance level.
From here I will look for further shorts
Commentaire:
Head and Shoulders
Trade fermée: cible de profit atteinte