FxWirepro: USD/CAD forms Bullish Gartley Pattern, good to buy at dips
Harmonic Pattern - Bullish Gartley Pattern Potential Reversal Zone (PRZ) - 1.3268 Loonie has made a high of 1.33920 and started to decline from that level. It is currently trading at 1.33475. On the lower side minor supp…
Loonie has made a high of 1.33920 and started to decline from that level. It is currently trading at 1.33475.
On the lower side minor support is around 1.3200 and break below will drag the pair further down till 1.32900/1.32600/1.3240.
Overall bullish invalidation is around 1.3220.
The pair's has formed temporary high around 1.3430 and declined from that level. Any further break of temporary confirms trend reversal, a jump till 1.3450/1.3500 is possible.
It is good to buy at dips around 1.3270-75 with SL around 1.3220 for the TP of 1.3380/1.3400
