USDCAD Perfect Gartley & Structure for possible short movement
USDCAD has form a Perfect Gartley pattern and a structure which will probably lead to a down movement. I will watch smaller timeframes for a breakout to the bottom, if it breaks i will wait for a correction before enter a trade.
If price breaks the top line trade will be invalid.
If price breaks the top line trade will be invalid.
Note
Smaller timeframe analysisNote
Real Example of the above trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.