KevinSinghDhaliwal
Short

USDCAD TIME TO COME DOWN?

FX:USDCAD   U.S. Dollar/Canadian Dollar
Hello everyone, we have a potential pattern in my opinion valid but ugly. Also the price seems to be in a ending diagonal . The targets for now have been highlighted on the chart.

Good Luck

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wwfm
a year ago
yep
+1 Reply
KVE PRO
a year ago
Nice, the B retracement didn't quite make it to the 0.786 requirement of this butterfly but I guess it's close enough. The 1.27 alt AB=CD is valid in any case.

I missed my short entry by about 5 pips based on this:
USD/CAD: Ending diagonal + divergence, high R/R opportunity


Good luck!
+1 Reply
KevinSinghDhaliwal KVE
a year ago
Hi yes just close to 0.786 so I named it "ugly pattern" on the chart ahah. But the next entry on the chart you posted can definitely work out as well.
Good Luck
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