Today we look at the 
USDCAD as it is setting real nice with patterns, FIB levels and AI all coming together.
Firstly the Gartley pattern that started early April and looks to be completing today @ the 78.6% level of 1.2461.
This turn zone is between 1.2461 127% ext and 1.2450 1.618% ext of the last move which is the final wave 5.
This is the first retracement from the April 5th low and its in AB=CD which is the favoured pattern.
Also with the AI for today we have an expected low around 2pm. This is a major turn event for the day.
Things lining up again which means we have to place orders.
Let me know your thoughts on this set up and ideas you also have for this pair.
Enjoy the day.👍👍
USDCAD as it is setting real nice with patterns, FIB levels and AI all coming together. Firstly the Gartley pattern that started early April and looks to be completing today @ the 78.6% level of 1.2461.
This turn zone is between 1.2461 127% ext and 1.2450 1.618% ext of the last move which is the final wave 5.
This is the first retracement from the April 5th low and its in AB=CD which is the favoured pattern.
Also with the AI for today we have an expected low around 2pm. This is a major turn event for the day.
Things lining up again which means we have to place orders.
Let me know your thoughts on this set up and ideas you also have for this pair.
Enjoy the day.👍👍
Note
Shorter TF AI. If we are up @ 2pm then we might have to wait one more day for the low to come in.
Note
Time and price perfect.. It just needs to rally now.. 🤔🤔
Trade closed: target reached
Profit objective hit. Now looking for a PB to go long again. 👍👍
t.me/OCEANAISIGNALS
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
t.me/OCEANAISIGNALS
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.