BOAFX

Why I didn't take this trade USD/CAD

Education
FX:USDCAD   U.S. Dollar / Canadian Dollar
Although I didn't post this trade as viable now the time has past I thought I would post it so you can see why I didn't take it. A real shame as the Fibonacci levels on the harmonic are near perfect but the first profit target is to small. if it is not bigger than the stop lose then I don't take the trade. Hope this gives you some insight to harmonics. Although it has reached the first target the risk reward does not give us a long term profit.

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