USDCAD 2618 trade

Updated
Looking to sell USDCAD to potencial 2618 trade, perfect double top second impulse longer that the first at 0.618 fibo retracement.

First take profit based on support and second on the 0.27 fibo retracement
Trade active
Trade running +140 pips

Looking forward at TP1 and TP2 of the 2618

snapshot
Trade active
ABCD pattern formation for trend continuation, looking at support as first tp

snapshot
Trade active
USDCAD hit TP1 making this a +200 pips move since our 2618 entry

take partial, close trade our wait four second take profit at the -0.27

snapshot
Trade active
Price failed to touch the -0.27 (Second TP in place) for around 3 pips. Bigger amount of pips running in this trade was +280. Price could still reached the second TP level but same structure confirmes bigger advanced pattern formation to ride longs.

Hope you took this move

snapshot
Note
What we could expected at the moment where prices is at

Potential Gartley pattern USDCAD
Trade closed: target reached
Trade close and secure the toal move of +285 pips from our 2618 entry
2618 TradeChart PatternsTrend AnalysisUSDCADWave Analysis

Also on:

Disclaimer