FX:USDCAD   U.S. Dollar / Canadian Dollar
55 1 1
*Setup pointed out by kate25*
The pair has been in uptrend since mid-July. However on Friday the pair failed to make a new high due to slightly disappointing GDP numbers.
What is important from a technical perspective is that price got rejected from 78.6 level and closed further below 61.8 level which indicates a shift in inclination for the pair towards sell.
We suggest shorting the pair on market opening for a harmonic ABCD move to 1.1100 which has been a area of interest previously.

Trade Type: Trend Reversal
Price: 1.1266 or opening price
Target: 1.1100
Stops: 1.1362 (above 88.6 fib level)
Stopped out!!
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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