USDCAD Bearish AB=CD w/ RSI
Hello Harmonic Traders!
I would like to begin my renewed contribution to the HTTV community with the following Bearish AB=CD Type-2 harmonic resistance at a critical juncture. The DAILY RSI is stalling at the 50-midline. The general 61.8% retest at the 1.34 level as measured from last year's peak defines the price zone for a larger downside continuation with a swing objective to the 1.28 area.
Check back next week for a few new free Harmonic Trading tools that we are releasing for Trading View in 2017!
I would like to begin my renewed contribution to the HTTV community with the following Bearish AB=CD Type-2 harmonic resistance at a critical juncture. The DAILY RSI is stalling at the 50-midline. The general 61.8% retest at the 1.34 level as measured from last year's peak defines the price zone for a larger downside continuation with a swing objective to the 1.28 area.
Check back next week for a few new free Harmonic Trading tools that we are releasing for Trading View in 2017!
Scott Carney
HarmonicTrader.com
Founder
HarmonicTrader.com
Founder
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