USDCAD AB=CD harmonic pattern
looking at possible AB=CD harmonic move in the USDCAD
resistance at .618 fib retracement from the July 26th swing high
Both stochastics and RSI appear ovesold
going short @1.30477
SL @ .618 retracement of prior swing high (in yellow)
1st TP @ the .382 retracement of the CD leg (in purple)
2cd TP @ the .618 retracement of the CD leg (in purple)
thanks for viewing
Bud
resistance at .618 fib retracement from the July 26th swing high
Both stochastics and RSI appear ovesold
going short @1.30477
SL @ .618 retracement of prior swing high (in yellow)
1st TP @ the .382 retracement of the CD leg (in purple)
2cd TP @ the .618 retracement of the CD leg (in purple)
thanks for viewing
Bud
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