JayBag replies to: USD/CAD

Friday morning CPI/RETAIL SALES print may be a short term price driver. (Fundamental analysis done, phew)

Our position heading into London: Short @132.66 // SL 133.09 // TP131.80

Analyzing a simple Harmonic Trapezoid using: Fractal Geometry // AB=CD // Inertial Nodes

NOTE: I find it extremely helpful to mark a start line on my chart. Comparing actual price path verse my theoretical price projection is so helpful in learning the merits of this or any other type of analysis.

My analysis and price projections below. I hope my charts are self explanatory and useful.

Cheerio and safe trading.

Attached Image (click to enlarge)

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“Pride always comes before destruction….” -Proverbs 16:18

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