USDCAD (2618 setup) -1h Chart

6. März 2018

2618 technique
- double top
- measure bearish impulse
- wait for retracement at 0.618 and sell
- TP at -0.27 (previous support)
Double Top + 0.618 = 2618

I drew some bars showing what I expect price to do.
Good Trading.

7. März 2018

Anmerkung

Flag was formed at 0.618 for bearish continuation.
Good Trading. -15min Chart

7. März 2018

Anmerkung

USDCAD reacted over CAD news
-BOC Rate Statement
-Overnight Rate

I expect price to respect analysis
Good Trading. -15min Chart

7. März 2018

Anmerkung

1h Chart Structure

8. März 2018

Anmerkung

Price made retest at previous resistancce (double top) and is now bearish
Good Trading

8. März 2018

Anmerkung

Price went back to 0.618 and is now bearish
Good Trading. -15min Chart

8. März 2018

Anmerkung

Retest at 0.618, but no retest in MACD (Bearish Continuation)
Good Trading. 15min Chart

9. März 2018

Trade geschlossen: Ziel wurde erreicht

Trade has been completed at -0.27
Good Trading. -15min Chart