Hello i made a mistake identifying the pattern on the last usdcad post so i am posting it again
The hourly chart is overbought as we can see and and also seems to have finished the flag however the flag can be extended since 4 hour isnt completely overbought, So either a bigger stoploss can be used or we can wait for 4 hour to go overbought before entering
Have a gartley at completion just below our entry
Bigger outlook
The hourly chart is overbought as we can see and and also seems to have finished the flag however the flag can be extended since 4 hour isnt completely overbought, So either a bigger stoploss can be used or we can wait for 4 hour to go overbought before entering
Commento:
Previous idea invalid
