akyong
Short

USDCAD: Bearish Crab Completion

FX:USDCAD   U.S. Dollar/Canadian Dollar
We have a completed Crab pattern . Looking at how price action reacted at the completion level, we do see a decent rejection. While the uptrend is still very much intact, should you decide to take this trade, it would be considered as a counter trend trade, with stops just above the recent highs and target around the previous structure level at 1.2655.

I would love to hear your opinion, feel free to comment, agree or disagree.

------------------------------------------------------------------------------------------------------------------------------------------------------------------

Always wanted to connect, learn and help one another throughout your trading journey? Join our community for FREE at https://www.facebook.com/groups/fxpipsology/ The only thing you need to 'pay' is your commitment to trading and sharing!

Have a great pipping day!
http://www.fxpipsology.com/
https://www.facebook.com/fxpipsology
Cheers,
KY
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out