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USDCAD .... Looking for a Reversal Bottom
U.S. Dollar / Canadian Dollar
Long
USDCAD .... Looking for a Reversal Bottom
By Steve666
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Updated
Mar 15, 2021
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3
Mar 14, 2021
Keep an eye on USDCAD which may reverse with oil weakness and DXY strength
We have a evolving Deep Crab Harmonic formation on the 1hr. together with aconfluence of 2 modified Schiff Pitchforks.
Deep Crabs sometimes extend to a 1.90 XA extension which is reflected in our stop placement.
Suggested targets are market.
Do your own DD.
S.
Mar 15, 2021
Note
This is why I wait for an entry spot rather than trying to pick a bottom:
Deep Crab
Harmonic Patterns
Pitchforks
Steve666
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