USDCAD - D - Patterns converging on 618 retrace of swing
USDCAD - D - Patterns converging on 618 retrace of recent swing - Short
Current resistance off AB=CD @ 1.27 ratio
R1 Pivot monthly at same price.
Price looking to meet 618 target at price
Price has come back from and OB RSI and looking to retest the 70 again.
CRAB and BAT completing at same price point
786 retracement of older swing
Theres a lot of confluence, you expect a rather large fall, maybe a weeks fall in a day.
Something to watch closely!
Current resistance off AB=CD @ 1.27 ratio
R1 Pivot monthly at same price.
Price looking to meet 618 target at price
Price has come back from and OB RSI and looking to retest the 70 again.
CRAB and BAT completing at same price point
786 retracement of older swing
Theres a lot of confluence, you expect a rather large fall, maybe a weeks fall in a day.
Something to watch closely!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.