Based on my analysis I believe USDCAD is going further down. I'm trying out a new strategy with a tight stop.
This is my own little journal and am trying out a method of mine. I am not trading live just experimenting. Would appreciate a like, if you like the idea. Thanks
Setup seen on the 15min chart to go short. A bearish Gartley patterns has formed on the 4hr chart and price is bearish at the moment. Is also at a minor support but I feel price will go to the target price shown on the chart Thanks to @CrazyCartel for his comments which made me look at the chart again.
Long for price to go up once it breaks out of bullish pennant
A setup has occurred where price has broken to the upside and has retested the new support area, Potential for price to go higher