After weekly Gartley created a 1 week strong bearish candle broke a long term up trendline, followed through a bullish shark on daily couldn't rally tough! made a lower high.
Price rejected from EMA 200 Daily at the bottom, but also rejected from 75 pips Quarter point hesitation zone on the way up.
Oil price seems pretty decent and CAD CPI shows positive, If FOMC don't throw some sort of surprise it may send CAD become the 2nd strongest currency next month.
By the way, take a look of CADCHF that struggled to the downside.
Price rejected from EMA 200 Daily at the bottom, but also rejected from 75 pips Quarter point hesitation zone on the way up.
Oil price seems pretty decent and CAD CPI shows positive, If FOMC don't throw some sort of surprise it may send CAD become the 2nd strongest currency next month.
By the way, take a look of CADCHF that struggled to the downside.
Trade active:
Keep adding orders on the pullback, market will pricing in on next potential rate cut.
Trade closed: target reached