Disliked{quote} USDCAD This is the Bfly I was talking about. Now couple of moments we need to see here: The retracement down was more than .786 Ret 4 hours chart (.864) but this still allows harmonic formation as long the low on daily chart remains, I prefer to see the mentioned ratios but that it's not the case. We have some of the elements in place namely: Bullish retracement (Daily chart confluence), reversal candles (daily + 4 hours), what we should have as well is a close above MPivot and 200 Ma, this is the Risk + the fact that Oil still has a bullish...Ignored
Wait for reversal candle 4 hours or candlestick pattern to sell. Stops above it.
Fibonacci will make you rich