Trading_Jazz
Short

e-Ventual 2/618 // IF=THEN ®

FX:USDCAD   U.S. Dollar/Canadian Dollar
FX:USDCAD            

With a genuine double top confirmed @1.3416, the neck @1.2831 and the 61.8% retracement @1.311, this is one eventual sell setup that can sink FX:USDCAD             below monthly support, sometimes the 227% extension ;).

2618 - double top/bottom followed by a 61.6% retracement, sell the retracement , target an extension synced with previous structure.

First target, one ABCD pattern at 141% extension around 1.222$, the second not to far, the monthly support MN1 @1.19201.

(check "Double Top definition & 2618 trade setup ®" - link below)

Safe trades;
https://goo.gl/T9VPbJ - 1 to 1 Live Trading Sessions with Screen Share

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dionvuletich
a year ago
Yup agreed ... already short from 1.3375 but basically think the same
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