GBPCAD: Harmonic Movement + Fibonacci

2020-02-03 13:46:38

https://www.tradingview.com/x/t9VtKLhw/

harmonic bearish abcd pattern completion on GBPCAD.

pattern completion point matches perfectly with 618 retracement of a major impulse and horizontal structure on the left.
+ RSI is very overbought.

I believe that today the price might retrace.

Target levels : 1.7375 / 1.727

Stop - 1.7525