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Usdcadanalysis

USDCADDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As i said in the last weeks...UC climbed again to the 1.24700 area, as I said last week, see where it had a very strong rejection, forming a range in this area! in the next period I will wait for a close for at least 1 day ... or over 1.24900 from where I will look for BUY until my final target 1.29 ... USDCAD rejected and closed above 1.24700 as I said in the last weeks and even if it rejects from the 1.26300 area and will force and the 1.24700 area I will continue to stay in BUY until the 1.29 area ... my final target! THIS WEEK...USDCAD has reached my FINAL target that I set for myself since May! these weeks, however, predict a strong rejection before trying to force 1.34! However ... a close even for 1 day over 1.29500 will make me think of BUY up to 1.34 NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
USDCADDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As i said in the last weeks...UC climbed again to the 1.24700 area, as I said last week, see where it had a very strong rejection, forming a range in this area! in the next period I will wait for a close for at least 1 day ... or over 1.24900 from where I will look for BUY until my final target 1.29 THIS WEEK... USDCAD rejected and closed above 1.24700 as I said in the last weeks and even if it rejects from the 1.26300 area and will force and the 1.24700 area I will continue to stay in BUY until the 1.29 area ... my final target! NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
USDCADDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As ai said in the last week... USDCAD also went down more than I expected but it remained in a safe area and I will continue to look for BUY until the 1.24700 area and then towards the 1.29 area! however ... a 1 day close below 1.22500 will make me think of SELL up to the trend line area and then ... UP AGAIN THIS WEEK... UC climbed again to the 1.24700 area, as I said last week, see where it had a very strong rejection, forming a range in this area! in the next period I will wait for a close for at least 1 day ... or over 1.24900 from where I will look for BUY until my final target 1.29 or below 1.22500 and I will look for SELL until the area of the trend line ... and from there UP AGAIN NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
1
USDCADDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As ai said in the last week...As you can see on the 1 week and 1 month chart, USDCAD is at a much too important point and much too strong not to think of a massive rejection and a BUY between 400 and 900 pips! even if maybe it will test the trend line again ... I will set TP1 to 1.24700 and then to 1.29700 in the next period THIS WEEK...UC reached the first TP from 1.24700 and even if it rejects and goes down to the 1.23700 area my final target remains 1.29700 NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
USDCAD analysis for short term as per Wave TheoryPlease check the Long term analysis for the bigger picture; As per the bigger picture we know there is a Flat structure forming and hence we will have a downward Impulse; In short we will have a 5 Wave structure formed in the downward direction; Below is the Wave 1 complete picture verifying every Wave in the Wave 1 which confirms completion of the Wave 1 and now Wave 2 will be an Upward Move as its gonna be a Correction; Confirms completion of Wave 1 After the completion of Impulse we have a Correction hence here is the picture of the Type 2 Zigzag (where Wave A or C one of them is 5 Wave Impulse whilst other is a ABC correction) This completes WAVE A a 3 Waved structure and now Wave B is forming lets check it out as well; For now we have a downward 5 Wave Impulse almost formed which makes Wave A (Wave A of Wave B) then we will have an upward Correction (Wave B of Wave B); then we will have a downward correction structure Wave C (Wave C of Wave B) After completion of Wave A and B which will be both 3 Wave structures then we will have an Upward Impulse a 5 Wave structure. This will complete WAVE 2 on the bigger picture; I am sure about this analysis; this is based on Elliott Wave Theory
Short
by Kruti0210