USD CAD Short with Harmonic Pattern

2020-02-08 23:23:38

I am looking for an upcoming short on FX:USDCAD

I am basing my short claim on previous market action which failed under similar area of resistance




There are 2 different Tp options listed above

1st Tp is set at the 38% fib line which is measured from the entry point to the C leg of the harmonic pattern

2nd Tp is set at the 50% fib line which is measured the same way



Be careful with this trade as the entry has not securely formed showing details for the short. Once you see a definite confirmation for the sell, I would then enter the trade.



This trade is for educational purposes only, and not a recommendation to take based on my charting