Pattern Based Trade Setup with fibo confluence

Short

Dollaro / Dollaro canadese (FX:USDCAD)

Aggiornato

FX:USDCAD Dollaro / Dollaro canadese

Hi guys, another short opportunity right here on a potential bearish ab=cd and gartley pattern formation. We could aggressively short once pattern complete or wait price action enter to our zone and wait for confirmation. Multiple ways on how to confirm a trade depending on your rules. Stops for this setup is above the Pattern X point (predefined initial supply zone/resistance) and targets on the pattern's tp1 on 38.20% AD leg and tp2 on 61.80% AD leg. Trade with care.

Commento:

Trivia for this setup: Fibonacci confluence of 127.20% for the AB=CD ideal D completion and 78.60% for the Gartley pattern completion. Strong signal by which there could be a greater chance of market reaction. Caveat.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.