USDCAD - Continue Bearish Pattern with AB=CD Harmonic Pattern
Updated
USDCAD expected to follow Hamonic AB=CD pattern continuous of Bearish trend and Potential Reversal zone is at 1.378.
Note
C is now expanded showing now harmonic around (710-720) 1.39221
If the trend (Down) crosses 1.38767 confirmation of the further bearish trend. and the potential reversal zone is at 1.38100 - 1.38000
TP 1Zone (Take Profit 1) 1.38400.
TP 2 Zone (Take Profit 2) 1.38050.
Trade active
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.