Long USDCAD : Counter-trend ABCD Pattern

FX:USDCAD   U.S. Dollar/Canadian Dollar
7 months ago
As we can understand from the above chart USDCAD             is moving down towards our support region.
And the exact support region marks the completion of ABCD pattern , it depends on individual to decide where to enter the trade based on ratio's. Thats why marked it as Entry zone instead of particular price level in USDCAD             .

Even if you enter around the same levels which I have marked, you will be getting risk:reward around 1.5 which is good for countertrend trade opportunities. Lets decide where our orders go in entry zone for USDCAD             & put some orders & let's wait till it gets filled.

Hit Likes if you agree...
Thanks for your Support... Happy Trading !

7 months ago
Comment: I hope few of you guys have got their orders filled by now
7 months ago
Comment: Targets achieved

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