U.S. Dollar / Canadian Dollar

Long

USDCAD - Possible reversals

By DarkWaveHunter

Updated

It's clear and simple. It has the condition to reverse here to retest previous range's zone. Or drop more for harmonic reversal.
As you may know I have an exclusive price action analysis algorithm, that supports this idea. I'll post them in updates.

Note

snapshot

Here it is. All levels generated algorithmic and consistent with harmonic reversal zone and targets. lets see what happens.

Note

This is ok so far

snapshot

Note

First reaction to the support zone. Keep monitoring.

snapshot

Note

Consolidating in the reversal zone.

snapshot

Trade active

Here we go. Lets see what happens...

snapshot

Note

+100 pips

snapshot

Note

+250pips! 💰

snapshot

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.