Buy 
USDCAD into potential wave C to complete triple three correction and form a three drives pattern @ 1.3830. Still, might not complete this one as it looks too perfect to materialize :)
Buy 1.3170
Stop 1.3140
Target1 1.3430
Target2 1.3670
Target3 1.3830
USDCAD into potential wave C to complete triple three correction and form a three drives pattern @ 1.3830. Still, might not complete this one as it looks too perfect to materialize :)Buy 1.3170
Stop 1.3140
Target1 1.3430
Target2 1.3670
Target3 1.3830
Trade active
buy @ 1.3163stop @ 1.3140
Trade closed: stop reached
Note
Interesting price action here. 100 weekly MA gets rejected, establishing new price channel. Which means bullish set up is still possible.Note
Potential long entry @1.3250 at Butterfly Harmonic pattern 1.27 XA ext. near 0.382 previous bull run retracement level Note
Excellent example of harmonic setup initial reaction, but later continuation of the predominant trend. Quick little profit secured.
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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.