(1h) The eventual bullish 2618 & shark pattern

OANDA:USDCAD   U.S. Dollar / Canadian Dollar

One technical double bottom reinforced by the most recent daily fractal support printed at 1.38682, one broken neck at 1.39608 and the most recent 4h fractal resistance printed at 1.40488 right above the default target for the double bottom projected at 200%, and a couple of points above the golden 61.8% fib retracement level.

The bullish 2618 requires a retracement back to the 61.8% fib, projected at 1.39373. The pattern will converge with one bullish shark completion point (224% fib extension) and will suggest the reinforcement of one ascending trendline supporting the most recent daily and 4h fractals.


dosnt go beyond 161.8 .will see
Andre_Cardoso AlexMayorov
@AlexMayorov, it's an option! The shark at 161.8% fib, i still waiting for that push to the structure trendline.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out