USD/CAD CHART 4HR SELL SET UPHi everyone this is my trade set up for the USD/CAD
USD/CAD only looking for a sell trade if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
Uscanadaiandollar
USDCAD / Technical Analysis (Monthly Basis)The pair is currently stuck between the Fibonacci channels and the two major trends.
If the falling trend with the 0.382 Fibonacci channel is not broken, we can see 1.41 levels again. However, if these prices break these trends, the target will be around 1.20.
It contains only personal views and opinions. Does not contain legal investment advice ...
USDCAD Gartley Pattern? Let's cut to the chase. The AB equals CD measurement from the high and previous swing low, where CD leg coincides with the 41.4 Fibonacci extension, should mark this level as a strong level of confluence. But because there are many rules to identify the different types of harmonic patterns such as the Gartleys, feel free to comment below and let me know if it is a Gartley or not.
Happy Trading, folks!
Cheers!