There is a series of NSL followed by Pullback(OR) and NSL, so we are in bearish trend on USDCAD 1H.
Price is setting a potential Bearish Advanced Harmonic Pattern - Bearish Bat, and I would use this bat as an entry reason to hop on that trend.
Stops above X. and both targets will be extended
Here are the Entry, Stop and Target Levels:
Entry @ 1.2979
Stop @ 1.3010
Initial Target 1 @ 1.2859
Initial Target 2 @ 1.2800
Good Luck!
Price is setting a potential Bearish Advanced Harmonic Pattern - Bearish Bat, and I would use this bat as an entry reason to hop on that trend.
Stops above X. and both targets will be extended
Here are the Entry, Stop and Target Levels:
Entry @ 1.2979
Stop @ 1.3010
Initial Target 1 @ 1.2859
Initial Target 2 @ 1.2800
Good Luck!