USDCAD potential long opportunity.
Hello Traders,
This pair has been following a bearish trend as of recent generally forming a series of lower lows and lower highs. However, we broke these highs completing a Gartley pattern as indicated in blue.
We now want to take advantage of a potential Cypher pattern if price can reach 1.2619 and complete this pattern with confluence of bullish divergence (Hidden) and previous support & resistance.
We will be looking to go long on this pair aiming for two targets:
TP1- 1.2834
TP2- 1.2972
Follow us KashMarkets here on Tradingview and also on Instagram
This pair has been following a bearish trend as of recent generally forming a series of lower lows and lower highs. However, we broke these highs completing a Gartley pattern as indicated in blue.
We now want to take advantage of a potential Cypher pattern if price can reach 1.2619 and complete this pattern with confluence of bullish divergence (Hidden) and previous support & resistance.
We will be looking to go long on this pair aiming for two targets:
TP1- 1.2834
TP2- 1.2972
Follow us KashMarkets here on Tradingview and also on Instagram
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