USDCAD reached bearish Butterfly level, wait for PA confirmation

FX:USDCAD   U.S. Dollar / Canadian Dollar
55 8 0
USDCAD             reached bearish Butterfly level, wait for PA confirmation
What is the PA confirmation?
i mean price action. it did has a significant bearish candle after price hit 1.272 level. unfortunately, the price broke the line eventually.
hnvel pipstrading
thank you very much for your reply
Could you give an update of the chart please?
sure. sorry for the delay. the price has broke out the resistance of 1.272. pattern failed. next level to look out for should be 1.618
hnvel pipstrading
thank you for your reply. the next level of 1.618 at which price is?
reverse 1.618 extension of XA
hnvel pipstrading
I have calculate about 1.3180? Am I right?
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