USDCAD - 2 possible long opportunities
Price is about to form a potential double bottom at structure. We also have a 38.2 fib confluence with the structure level.
Would've liked to see an ab=cd and/or more fib levels confluencing, but this is all I can spot at that level.
Should the double bottom fail, we also have a Gartley pattern forming a little lower.
Always conduct your own analysis before placing a trade.
Would've liked to see an ab=cd and/or more fib levels confluencing, but this is all I can spot at that level.
Should the double bottom fail, we also have a Gartley pattern forming a little lower.
Always conduct your own analysis before placing a trade.
Trade active:
On the gartley
Trade closed: stop reached