TradingView
VasilyTrader
Aug 29, 2018 7:34 AM

harmonic movement on usdcad Long

U.S. Dollar/Canadian DollarFXCM

Description


hey traders,
usdcad pair is trading very harmonically from January 2018
Now as the market is close to the support line of a descending channel,
I anticipate seeing bullish impulse,
length of impulse is projected from two previous impulses.
Fibs help us to identify a potential reversal zone for this setup!

Stop goes at least below 1.28

Good luck!

Comment

bounce up

Trade closed: target reached

Comments
UnknownUnicorn478105
Thanks! It looks like a potential bullish Three-Drive...
UnknownUnicorn478105
@spezimuc, I'm looking for the area of 1. 28660
VasilyTrader
@spezimuc, look, we see little bounce up!
UnknownUnicorn478105
@VasilyPonomarev, yeah, we had a small ABCD there. If we continue to trade above 1.30 it might have been the low....
More