FX:USDCAD   U.S. Dollar / Canadian Dollar
Hi Traders,

There are two trade setups I have identified on this pair, one long and one short.

The bullish 2618 setup is as follows:
Entry - 1.33430
Stop - 1.32950
Target 1 - 1.33930
Target 2 - 1.34180

The bearish Gartley setup is as follows:
Entry - 1.34010
Stop - 1.34450
Target 1 - 1.33670 (at the 38.2% retracement of the CD leg)
Target 2 - 1.33440 (at the 61.8% retracement of the CD leg)

I haven't left the CD fib retracement on the chart as there would be too many lines, we need to see what we are doing!

These two setups are not mutually exclusive however we must hit the 2618 long before moving higher into the Gartley entry. If we close above 1.33950 without a chance to enter the 2618 I will no longer be looking for that trade.

Good trading,

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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