SmartTradingFX
Short

USDCAD: Structure Based Setup Waiting For Double Top Entry

FX:USDCAD   U.S. Dollar/Canadian Dollar
705 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
Akil_Stokes TOP
11 months ago
Good use of harmonics
+1 Reply
SmartTradingFX Akil_Stokes
11 months ago
Thank you Akil! Your compliment means alot!
Reply
RJHumphries PRO
11 months ago
It's taken long enough to reach the 1.40 level! Do you think it might hang around there??
+1 Reply
SmartTradingFX RJHumphries
11 months ago
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
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