Hello awesome traders! 👑✨
Let’s kick off the week with a USD/CAD 4-Hour chart — spotting a high-probability Harmonic XABCD Bullish reversal to ride higher.
🧠 Setup Breakdown
Pattern Type: Harmonic XABCD Bullish
X → A: Uptrend from 1.35399 → 1.37981
A → B: Correction down to 1.36179
B → C: Bounce up to 1.37598
C → D: Final leg down into 1.35567 completes the pattern
PCZ: Exact D-point at 1.3555–1.3565 (XABCD harmonic PRZ)
✅ Why This Works
Classic XABCD symmetry with precise Fibonacci ratios
PRZ confluence at D gives us a tight entry zone
4-hour price action shows clear rejection off D
⚔️ Entry & Risk Management
Entry Zone: Long within 1.3555–1.3565 (PRZ/PCZ)
Stop-Loss: Below X at 1.3535, ~10–15 pips under D
Risk: ≤ 1–2 % of account per trade
🎯 Target Zones
Target Zone 1: 61.8 %–78.6 % retracement of X→D → 1.3717–1.3760
Target Zone 2: 100 % extension of X→D → 1.3816
🔍 Confirmation & Invalid
Candlestick Rejection: Watch for bullish pin-bar or engulfing at D
Structure Break: Close back above the C→D trendline adds conviction
Invalidation: A decisive close below 1.3535 (below X & PRZ) negates the setup
💡 Keep It Simple:
Pattern → Identify XABCD Bullish
PRZ/PCZ → Wait for D completion zone
Trigger → Bullish price action at D
Continuation → Ride the move into your Target Zones
🔔 Monitor CAD data releases and BoC commentary for catalysts.
Wishing everyone a profitable week ahead — stay disciplined, manage risk, and let structure lead, not emotions! 🚀
Let’s kick off the week with a USD/CAD 4-Hour chart — spotting a high-probability Harmonic XABCD Bullish reversal to ride higher.
🧠 Setup Breakdown
Pattern Type: Harmonic XABCD Bullish
X → A: Uptrend from 1.35399 → 1.37981
A → B: Correction down to 1.36179
B → C: Bounce up to 1.37598
C → D: Final leg down into 1.35567 completes the pattern
PCZ: Exact D-point at 1.3555–1.3565 (XABCD harmonic PRZ)
✅ Why This Works
Classic XABCD symmetry with precise Fibonacci ratios
PRZ confluence at D gives us a tight entry zone
4-hour price action shows clear rejection off D
⚔️ Entry & Risk Management
Entry Zone: Long within 1.3555–1.3565 (PRZ/PCZ)
Stop-Loss: Below X at 1.3535, ~10–15 pips under D
Risk: ≤ 1–2 % of account per trade
🎯 Target Zones
Target Zone 1: 61.8 %–78.6 % retracement of X→D → 1.3717–1.3760
Target Zone 2: 100 % extension of X→D → 1.3816
🔍 Confirmation & Invalid
Candlestick Rejection: Watch for bullish pin-bar or engulfing at D
Structure Break: Close back above the C→D trendline adds conviction
Invalidation: A decisive close below 1.3535 (below X & PRZ) negates the setup
💡 Keep It Simple:
Pattern → Identify XABCD Bullish
PRZ/PCZ → Wait for D completion zone
Trigger → Bullish price action at D
Continuation → Ride the move into your Target Zones
🔔 Monitor CAD data releases and BoC commentary for catalysts.
Wishing everyone a profitable week ahead — stay disciplined, manage risk, and let structure lead, not emotions! 🚀
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。