EverythingForex
Long

USDCAD: VERY Bullish..Bull Bat, Bull Cypher + H&S and 2618

FX:USDCAD   U.S. Dollar/Canadian Dollar
Ok, so here's what been happening since my last post on this pair earlier today (see Related Ideas:"ANALYSIS: USDCAD: VERY Bullish But...Why NOT To Be LONG Now! ").

The H&S pattern I pointed out has triggered along with a small 2618 pattern. I've added a POTENTIAL Bullish bat pattern that also will complete right near where the POTENTIAL Bullish Cypher will also complete adding more weight to a reverse of price back up when it reaches that point. When it does, it's a great opportunity to get LONG.

Stay tuned....can happen within hours, if not sooner!
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Neel_K PRO
a year ago
Very Thorough !!! Thanks

Just to have a other probably view i was watching out for..
snapshot
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EverythingForex PRO Neel_K
a year ago
First a suggestion, the colors you're using are kinda hard to see the chart clearly. Feels kinda blurry. At least to my old eyes! Second, just so you know, you're view does not differ from mine in any way. Even if your "grey" color bat were to complete, it's a complimentary pattern to the bullish bat as I have in my post. Meaning, completion of the bearish bat is within the bullish bat and would not invalidate it. So it is, a complimentary pattern. Not a conflicting one.
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EverythingForex PRO EverythingForex
a year ago
However, completion of the bullish bat BEFORE prices reach your bearish bat WOULD invalidate that bearish bat. So it's not vice-versa. But good to know it's there as a possibility. Good catch!
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Neel_K PRO EverythingForex
a year ago
That is what I thought. Thanks for your note on colors too. ! Will keep it in mind.
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