USD/CAD just took a dip after a bearish bat pattern completed.
This seems like a good price to go long. It looks as if the pair might go down 20 or so more pips to test the trend-line, So I suggest putting stop losses below that area.
We have two possible AB-CD patterns in progress, where we should potentially take profits.
First target is 1.07
Second target is 1.0830
Good luck
This seems like a good price to go long. It looks as if the pair might go down 20 or so more pips to test the trend-line, So I suggest putting stop losses below that area.
We have two possible AB-CD patterns in progress, where we should potentially take profits.
First target is 1.07
Second target is 1.0830
Good luck