USDCAD Daily ABCD Bearish Pattern Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Dec 21, 2014 12:15 AM

As of 20.12. a neat bearish classic ABCD pattern. C @ 0.618 AB, D @ 1.618 BC

D also has confluence with 0.618 level (March 2009 hi - July 2011 lo )

Watch for further bearish pa to follow, suggested tgts 1.1270, 1.1150

USD (US Dollar)