USD/CAD completed a Bearish Gartley pattern recently around the AB=CD level of 1.1175. The USD/CAD had a recent high at 1.1222, but has since traded lower. Markets have been very volatile lately, so expect some erratic moves.
Initial profit target is at the 38.2% Fibonacci Retracement level of the run up from A to D on the Gartley Pattern. Stop is above point X. Manage your risk appropriately!
Happy Trading.
Initial profit target is at the 38.2% Fibonacci Retracement level of the run up from A to D on the Gartley Pattern. Stop is above point X. Manage your risk appropriately!
Happy Trading.
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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.
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.