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ARegularGuy
Apr 7, 2021 7:21 AM

USD CAD (Dollar Loonie)  Short

USD/CADOANDA

Description

Here on the loonie we have a potiental shark pattern or 5-0 pattern setting up. it is either a bullish 5-0 pattern or bearish shark pattern. We are hoping to see price hit the horizontal yellow line and move down; however, there is a major resistance level just a few pips above the pattern. So, i expect to see PA move a bit into the resistance area and get rejected. i will want to see some type of confluence on the oscillators too, along with some structural pattern. Sorry for not going into it any deeper I am behind on some school work and I am also getting back into the 4H time frame trading gonna slowly get down to the 1H again. I am also in the process in making a few courses as well that covers harmonic trading along with a myriad of other topics. When the courses go live i will upgrade my TradingView package to Premium and advertise them on my TradingView.
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