After strong gains by the CAD and news of the USMCA the CAD is setting up for a bearish Gartley. RSI is nearing top levels. New pivots have been created. CAD having trouble staying above R2 at .78255. Estimate fall back to pivot and bottom channel.
تعليق:
CAD came back to channel bottom and using pivot at .77020 as support. Might be good position for another upside move. If it breaks down and stays below the pivot at end of day would see a drop to S1 at .76255.
تعليق:
CAD went through pivot today and left channel. Next downside target S1 at .76255
تعليق:
Head and shoulders for CAD
تعليق:
CAD drops from neckline. Target S1 at .76255
تعليق:
CAD launches off of S1 and reverses course. Upside target cross pivot and enter into channel again.
تعليق:
CAD still looks like it want to fall further beyond S2.