SmartTradingFX
Short

USDCAD: Structure Based Setup Waiting For Double Top Entry

FX:USDCAD   U.S. Dollar / Canadian Dollar
707 4 9
Analysis on chart!

1) Structure
2) Harmonic legs
3) Fib confluence
4) Potential bearish divergence on the retest

Waiting for a double top for possible entry!

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Ric

Smart Trading FX
It's taken long enough to reach the 1.40 level! Do you think it might hang around there??
+1 Reply
SmartTradingFX RJHumphries
The market will do what ever it wants to do, i can only base my opinion off the technicals! There is some structure around this level so will be interesting to see if it holds on a retest! Thanks for the comment!
Reply
Good use of harmonics
+1 Reply
SmartTradingFX Akil_Stokes
Thank you Akil! Your compliment means alot!
Reply
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