FX:USDCAD   U.S. Dollar / Canadian Dollar
68 1 0
Nice set up. market in the down trend. set up to fire at a nice place. good harmonics.

If the market gets filled, i think the price might reverse right there or about there to maintain the down trend. but if the price at that point closes above it, then trader should be cautious about it.

look for a better entry point and reason to trade this pattern.

better comments to help is very welcome.

sorry. typographical error. ""false breakout as price did not close above"...shoulda been as price did not close below it.

so far, the pattern is still valid as the C leg is not below 88.6% retracement.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out