FX:USDCAD   U.S. Dollar / Canadian Dollar
I'm entering long on USDCAD today as we get a close on a confluence of high time frame support levels including the monthly and yearly pivots . We also have a large Gartley pattern formed and bullish divergence while in oversold conditions. A conservative target would be the confluence of the monthly and quarterly pivots at around 1.385 but I could see a push higher to the traditional Gartley pattern targets at 1.413 and 1.45. I like to set multiple targets closing 70% of my position at the first and the rest of my position at the second. As always do your own research and trade at your own risk, this is not financial advice ;)

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out