USDCAD Bearish Shark and Butterfly Pattern
Description: We have a Bearish Shark pattern formation on the H4 Chart Timeframe and a Bearish Butterfly Pattern on H1 Chart Timeframe. Potential minor correction is predicted.
Trade Period: Intraday Trading
Pair / Instrument: USDCAD
Time Frame: H1 / H4
The trend in the Timeframe: Bullish
The trend in the Daily Chart: Bullish
Trade Based On: Bearish Shark Harmonic Pattern
Recommended Lot Size: 0.08@ 10 K Account with 1:100 Leverage
The Area Of The Entry: 1.32500 – 1.32700
Stop Loss: Above 1.33100
Target 1: 1.32200 / TP 1 Reached 30 Pips
Target 2: 1.31900/ TP 2 REACHED 60 PIPS
Target 3: 1.30800
You can follow the setup: USDCAD Bearish Shark Pattern
What to pay attention:
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