USDCAD-big bearish crab is waiting on friday 25th

FX:USDCAD   U.S. Dollar / Canadian Dollar
3527 20 62
Hello, i have my work done for this pair.
It is making a last push high and will begin a strong decline on Friday 25 Set
I have my pending orders at 1.3395
SL better above 1.3500
Lets see.


I got that crab on my chart for about a month now, and today I finally saw the PRZ are all tested
but my concern is, is there any reason that support a stronger CAD? or maybe weaker USD?
Still try to find a turning point.
Nice analysis. I commented on a possible long term (Weekly) scenario where we could see consolidation again as illustrated on this chart I posted two weeks ago. 1.34ish might be a long term support/resist. But hey! i'm no expert and not driving the market :-)

Hello, i agree price is curretly at a strong cluster that could be a trading opportunity. Next step is find an entry point. Regards.
+1 Reply
Nice pattern! I opened a short position, as the pattern was confirmed by a pinbar at the resistance. Thanks!
+1 Reply
FullTimeTrader tempraturbo
Good confirmation, i depends on each trader off course. I entered directly since im based on long term EW analysis. Good luck!!
mikeyp123456789 tempraturbo
what do u think this is going down to
FullTimeTrader mikeyp123456789
I published a study case before, although i had to adjust the entry point the long term bias is the same:
Excellent mate.
I'll short soon, need evidence that we won't reach 1.36...or short there.
FullTimeTrader IvanLabrie
Yes, the structure is not clean, so im relying on fib cluster and harmonics. Regards.
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