USD/CAD: Possible to create Bearich Gartley Butterfly in H4 TF
1.2665 is a very good resistance for usd/cad pair. And here also possible to complete bearish Gartley Butterlfy D point. Where I think this pair may going to down from this D level. So, I think we can take short position from 1.2665 level with 35-50 pips stop loss and our take profit target is 1.2565 level.
If this pair did not respect this D level and break upward side and again retest this level, we can think to going Long. If we take long position our 1st profit target is at least 1.2790 level.
So, keep eyes on this pair. Best of luck and hope for the best !!!
If this pair did not respect this D level and break upward side and again retest this level, we can think to going Long. If we take long position our 1st profit target is at least 1.2790 level.
So, keep eyes on this pair. Best of luck and hope for the best !!!