Soon we will see a very good opportunity to buy USDCAD at the bottom of the trendline.
Here's a very simple pattern setup here. Look to sell when price reaches the top of the trendline.
Hey guys, as you may know consolidation breeds patterns, and there they are. Two Gartleys unfolding on the hourly chart. Stops above X. Targets as usual for patterns. If you have any question, please comment below. Otherwise, see you in the next chart!
This is a setup for you day traders out there! I see long opportunities as soon as this pair reaches my entry point @0.9472. The lows where we're trying to find support at haven't been violated this week @0.9466 and today we're trying to find support again at this level. This idea contains 2 fibonacci based target points and a stop loss below X. If the lows hold...
5-0 pattern was completed. My expectation is bounce to %161,8(ab extension) . This level also C point(grey) on pattern. I expect that there will be splash to 1.17.
This pair hasn't been trending for a couple of weeks now and so we're in a nice consolidation zone. Once such a zone shows up, advanced pattern opportunities occur and here is one of them. Let's take a look at this bearish gartley setup: We're looking for a rally into the 1.6746 level to get short and hopefully get a pullback into our target points. This idea...