U.S. Dollar / Canadian Dollar
Short
Updated

USDCAD - Shark Pattern

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The USDCAD on the 4-hourly chart has a bearish shark pattern as well as a bearish crab pattern on both 4-hourly and 1-hourly chart. If the 1hourly candle close at 16:00(+2UTC) or 22:00(+8GMT) is a long shadow candle, I will short USDCAD aggressively as 2 harmonic patterns turn at a major resistance area.
Trade active
SLE: 1.3359(+2)
Note
Risk-Free Trade Attained, with running profits of 60pips
Trade active
SLP: 1.3333(+28)
Trade closed: target reached
TP1: 1.3225(+143)2:1
TP2: 1.3112(+256)3.6

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