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.
- 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.
Note
Flag was formed at 0.618 for bearish continuation.Good Trading. -15min Chart
Note
USDCAD reacted over CAD news-BOC Rate Statement
-Overnight Rate
I expect price to respect analysis
Good Trading. -15min Chart
Note
1h Chart StructureNote
Price made retest at previous resistancce (double top) and is now bearishGood Trading
Note
Price went back to 0.618 and is now bearishGood Trading. -15min Chart
Note
Retest at 0.618, but no retest in MACD (Bearish Continuation)Good Trading. 15min Chart
Trade closed: target reached
Trade has been completed at -0.27Good Trading. -15min Chart
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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.
Related publications
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.