USDCAD: Potential Gartley Formation

6 Jun 2016

I'm currently long this pair (1.2950) on an "at Market" Bullish Cypher Formation, but looking ahead, we also have an advanced Gartley Formation which would complete if price were to push lower.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
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6 Jun 2016

Trade aktif

6 Jun 2016

Catatan

Yellen speaking in Philadelphia (My Home Town) at 12:30 (NY) Let's see how thins effects the USD. We're already under the assumption that rate hikes will be pushed back from June to December. I wonder if she'll bring that up or be asked about it.

8 Jun 2016

Trading ditutup: stop tercapai