Stink

USDCAD some Possible Patterns on the Daily

FX:USDCAD   U.S. Dollar / Canadian Dollar
This Pair is currently in a stong Bullish trend which will most likely continue, however i feel we will see an outside return soon.

I can see we have 2 possible advanced Patterns forming on the Daily timeframe .

A Bearish Gartley is possible, D completion does line up with some previous structure which could act as resistance, however this was broken last time. Also the RR for the pattern is only really 1:1 if you're going for the 618 target.

The second possible pattern which also has a better RR is the Bearish Bat , D completion is around the area where we really saw the pair drop at the beginning of the year. The stop would be at previous resistance, the pair tried to push past this level but couldnt so for me this is a safer area.

All imo             of course and will see what happens
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out