Daniel.Dalo

USDCAD - Long on pullback to complete Gartley pattern

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Right now I'm watching very closely as price is just above my entry for this trade, just buying on structure level to continue to the upside as price rallied very strongly stating that demand is currently greater than supply, or in other words, buyers seem to have taken complete control over the market and are resuming the MT and LT bullish trend.

Let´s see what happens, and relating the Gartley pattern, is not that is does not have a good internal structure (which it does), but in the current context, price finished recently a corrective structure and seems to be acting very impulsively right now, so maybe the reaction on the Gartley completion won´t be as strong as I would like it to be, so we have to watch price action closely near the completion point.

Good luck!
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