U.S. Dollar / Canadian Dollar

Short

Updated

usdcad

Downtrend continuation

Note

It seems that wave (iv) still forming.

snapshot

Note

Many times , if we have strong trend like here, (b) waves reach 1.272 of (a) waves or even more. If we have an H&S pattern in development , the target is in same area. So this short setup has many chances to succeed.
We wich you a good luck.

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Sorry for the chart above

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Wave A has been formed (?)

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Note

Normally, we must wait to see wave B to completed and we will trade wave C (we expect impulsive five ).

Note

3 Drv pattern?

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astairwaytoprofit

Also on:

Related publications

In June 26 we published-https://www.tradingview.com/chart/USDCAD

by astairwaytoprofit

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

astairwaytoprofit

Also on:

Related publications

In June 26 we published-https://www.tradingview.com/chart/USDCAD

by astairwaytoprofit

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.