Short USDCAD: Crab + Deep Crab + Wolfe Wave

23 oct 2015

USDCAD is nearing the completion of 2 bearish patterns: crab and deep crab. In the same PRZ, a bearish Wolfe Wave structure is nearing completion. An unhit weekly pivot makes for a nice entry with SL above .786XA and targets at .382 and .618 CD retracements.

KILL ZONE CONFLUENCE:

• Bearish crab pattern completion
  
• Bearish deep crab pattern completion
  
• 1.618AB=CD (deep crab)
  
• 3BC projection (deep crab)
  
• 7.618BC projection (crab)
  
• 3AB=CD (crab)
  
• Bullish Wolfe Wave setup
  

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27 oct 2015

Operación activa

Trade is active

28 oct 2015

Operación cerrada: objetivo alcanzado

T1 Achieved before rate decision

3 nov 2015

Operación cerrada manualmente

I'm closing this trade due to bullish Wolfe Wave and potential bullish Gartley. Unhit weekly pivot above price.