📍 Hello traders, hope you’re having a great start to the trading week!
USD/CAD has just completed a clean bearish AB=CD symmetry pattern, and we now have confirmed structure shift from the Price Completion Zone (PCZ). Price is rejecting perfectly, and the bearish move is now underway.
🌀 What we’re seeing:
AB=CD symmetry completed right into the 127.2–161.8% extension
Rejection from the D point followed by a strong bearish candle
Structure has shifted — new lower low and confirmed lower high
Price is now flowing cleanly from the top, confirming the setup
📌 Key levels and confluence:
Pattern completed with symmetry and fib alignment
PCZ respected with immediate rejection
Structure confirms sellers are in control below the D point
🎯 Target:
TP1: 23.6% retracement of CD leg — locked in and already reacting
Extended downside remains possible if structure stays bearish
⚠️ Risk management:
Entry: After confirmation below the D point
Stop: Above the D high — pattern invalidation level
Setup is live — manage it with precision
🧠 The pattern completed, price shifted, and the move is now in progress. Let structure lead. TP1 at 23% keeps it sharp.
Pattern. Trigger. Structure. Repeat.
— TradeChartPatternsLikeThePros
USD/CAD has just completed a clean bearish AB=CD symmetry pattern, and we now have confirmed structure shift from the Price Completion Zone (PCZ). Price is rejecting perfectly, and the bearish move is now underway.
🌀 What we’re seeing:
AB=CD symmetry completed right into the 127.2–161.8% extension
Rejection from the D point followed by a strong bearish candle
Structure has shifted — new lower low and confirmed lower high
Price is now flowing cleanly from the top, confirming the setup
📌 Key levels and confluence:
Pattern completed with symmetry and fib alignment
PCZ respected with immediate rejection
Structure confirms sellers are in control below the D point
🎯 Target:
TP1: 23.6% retracement of CD leg — locked in and already reacting
Extended downside remains possible if structure stays bearish
⚠️ Risk management:
Entry: After confirmation below the D point
Stop: Above the D high — pattern invalidation level
Setup is live — manage it with precision
🧠 The pattern completed, price shifted, and the move is now in progress. Let structure lead. TP1 at 23% keeps it sharp.
Pattern. Trigger. Structure. Repeat.
— TradeChartPatternsLikeThePros
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.
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.