usdcad short (retracement 50%)
Updated
hello everyone
i said anything in chart but
The harmonic pattern shows that price is rising now
but my strategy based on
1 : fibonacci
2 : channel trading
3 : Trend lines and cut lines and fan lines
4 : overbought RSI : 71 H4
actually trade is opposite of Trend so i suggest Enter with at most 2% of your equity as SL
after retracement we are waiting to touch Spot D in harmonic pattern + touch top of channel
share your idea with me
also we waiting for more confirmations from
EURUSD and 
GBPUSD
but over sold Rsi in GBpUsd shows that its time to retracement
You can also look at
XAUUSD to find good short entry in usdcad
i said anything in chart but
The harmonic pattern shows that price is rising now
but my strategy based on
1 : fibonacci
2 : channel trading
3 : Trend lines and cut lines and fan lines
4 : overbought RSI : 71 H4
actually trade is opposite of Trend so i suggest Enter with at most 2% of your equity as SL
after retracement we are waiting to touch Spot D in harmonic pattern + touch top of channel
share your idea with me
also we waiting for more confirmations from
EURUSD and GBPUSDbut over sold Rsi in GBpUsd shows that its time to retracement
You can also look at
XAUUSD to find good short entry in usdcad Trade closed: target reached
First target reachedComment
Second target reachedTrade closed: target reached
third target reached ! Close all ♥
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.