hey traders,
on dollar canada we have just seen bearish violation of 1.32 level.
The market right now in a very oversold condition, so counter trend trades make a lot of sense.
On a 4 hour chart we have just completed harmonic abcd pattern.
And also on hourly chart we see a nice little double bottom.
The initial target is based on BC leg.
your stop is below D.
Good luck!
Trade closed: stop reached
Bearish continuation
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✅Join My Telegram Channel: t.me/VasilyTrading
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✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.