fxmchenry
We are currently at the top of the ascending wedge, giving possibility of a potential breakdown. We didnt get a breakout as expected in earlier setup below. lets see if we get a breakout now
We have a Bullish correction pattern in form of a triangle. You can find an entry at current market price or wait for a break of the correction pattern for a more conservative entry. Please support the Setup with your likes, follows and comments
A break out of the Descending trendline will indicate possible Bullish continuation to Resistance Zone. Please support the setup with your likes, follows and comments
If we get a bearish break of the Ascending wedge with 15min Impulse then we may have a Bearish move down to support zone
A Bullish Impulse at current market price zone would suggest a long term Bullish Swing to the upper trendline Please support the setup with your likes, follows and comments...
We have a descending triangle that has been broken with a Bearish impulse, would be expecting a pull back to the baseline for a continuation to the downside Please support the setup with your likes and follows and comments....
If we get Bullish Impulse on 15min Timeframe then e may be looking at a possible bullish continuation.
The Long consolidating correction seems to have been exhausted and we are about to begin a new Bearish Impulse Leg Please support the setup with your likes and following and comments...
The Ascending wedge is now retesting Resistance turned support, with 50% Fib level of the previous Bearish impulse Please support the Setup with your likes and follows and comments...
We have an ascending edge that has met resistance and started to break down. Expecting a break down of price soon Please support the setup with your likes and following..
We are currently at the top of structure. We should expect a short term Bullish movement before Coming for the drop. It is highly dependent on what price action shows us. Ill be on the look out for signs of a struggle for bulls to breakout then a bearish impulse and a corrective price pattern which would give signal to sell.
Possiblr breakout to the downside of the ascending channel
Possible completion of bat pattern for a reversal trade at the D point
USDCAD has been trading under a symmetrical triangle for weeks now, forming a gartley pattern as well in the process. If price ends up breaking the B point and breaking through the triangle to the downside, then we are likely to have a gartley pattern completion.