Took this BUY trade off of shark harmonic pattern. Currently hovering around tp#1 of 1.69931. Use price action to look for a break in resistance of tp#1 and retest as floor for second entry or to move minimize stop loss.
SHORT "RIGHT SHOULDER TIP" STRONG PRICE AREA
UCAD is one of favorite trades this week being that it is currently in an ideal situation. On the D1 (daily chart) this pair reveals a downtrend in a channel in 2016, now following same trend over the past 2 years. the market hit its peak of the upper TL making a turn with reversal to re-direct pair toward lower long-term TL which is about 1640 pips away. It's the...