USDCAD (2618 setup) -1h Chart

Aggiornato
2618 technique
- double top
- measure bearish impulse
- wait for retracement at 0.618 and sell
- TP at -0.27 (previous support)
Double Top + 0.618 = 2618

I drew some bars showing what I expect price to do.
Good Trading.
Nota
Flag was formed at 0.618 for bearish continuation.
Good Trading. -15min Chart
istantanea
Nota
USDCAD reacted over CAD news
-BOC Rate Statement
-Overnight Rate

I expect price to respect analysis
Good Trading. -15min Chart
istantanea
Nota
1h Chart Structure
istantanea
Nota
Price made retest at previous resistancce (double top) and is now bearish
Good Trading
Nota
Price went back to 0.618 and is now bearish
Good Trading. -15min Chart
istantanea
Nota
Retest at 0.618, but no retest in MACD (Bearish Continuation)
Good Trading. 15min Chart
istantanea
Trade chiuso: obiettivo raggiunto
Trade has been completed at -0.27
Good Trading. -15min Chart
istantanea
2618 TradeChart PatternsTechnical IndicatorsWave Analysis

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