Closed TradesCurrenciesCurrencies PremiumForming Harmonic PatternsFX MAJORS Trade Ideas PremiumHarmonic ABCD PatternsHarmonic Leonardo PatternHarmonic Swan PatternMidterm Forex Signals And SetupPremiumTechnical AnalysisTrade SetupsUSDCAD Technical Analysis

USDCAD Bearish Leonardo Pattern And Short Opportunity Update TP2 Reached

USDCAD Bearish Leonardo Pattern And Short Opportunity

Our midterm USDCAD long trade reached the targets.

USDCAD Forecast : Loonie is gonna fly high. TP4 Reached Trade is Closed 400 Pips

 

We will look for a short opportunity as described on the chart.

Our Area Of Short Entry: 1.36710 – 1.37815

Tools and Calculations Used for the Short Entry:
Conflicting trend lines _ Monthly / Weekly –
Zig Zag lines readings
Bearish A Leonardo confirmation
Bearish Black Swan
Bearish AB=CD / Weekly Chart
Murrey Math Calculations

Entry Notification will be sent to members.

Update: Dec 31,2108

USDCAD reached the entry zone. The price tested  1.36700 and pulled back. As seen on the below H1 Chart, break below 1.36000 will trigger the bearish move. Near-term targets are 1.35750 and 1.34500.

Update: TP1 Reached at 1.35750.

Update: TP2 Reached. We close the positions 200 Pips.

DON’T MISS OUT!! LIMITED TIME OFFER

BASIC PACKAGE MEMBERSHIP 6 MONTHS for 189 $

 BUY NOW

VERIFIED ACCOUNT AND SETUP RESULTS

CURRENCIES FORECAST   COMMODITIES FORECASTS   PATTERN SETUP    NEWS  SUBSCRIBE

SUBSCRIBE TO PREMIUM SERVICE or COPY OUR TRADES FREE OF CHARGE

 SUBSCRIBE FREE

Subscribe to our premium packages if you would like to get 1000+ instruments analysis and trade signals of Chartreadreadepro.

Forex Signals

Rules To Keep In Your Mind:  Trade Safe. Money  Management is the key to success in forex trading. Do not risk more than 1% of your account in each trade.

You can contact us via Skype User Name: Chartreaderpro

DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

USDCAD: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Tags
Show More

Related Articles

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Close