USDCAD... Are we going down??
Price is clearly showing pattern of channel line rejections, we have had 4 so far. We also have some Bearish Hidden Divergence forming which could lead to a nice bearish leg down to test the bottom of the channel.
It would also be a clear 3 wave correction pattern too! A lot of potential confluence to go long after the move down.
This would also form a bullish set up (Bull 123)/(Bullish Gartley)
Look for entries on the lower time-frames, preferably the 1hr. Stops @ or above 1.28969
#BearringtonTrader
#HappyTrading
It would also be a clear 3 wave correction pattern too! A lot of potential confluence to go long after the move down.
This would also form a bullish set up (Bull 123)/(Bullish Gartley)
Look for entries on the lower time-frames, preferably the 1hr. Stops @ or above 1.28969
#BearringtonTrader
#HappyTrading
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.