Third Bounce

2020년 1월 31일

USDCAD

It seems that the USD/CAD is in a channel. If the move bounces off of the resistance for the third time and the Chande momentum is above 60, then it will likely be going to the support and bouncing off from that point (and Chande momentum is below -60). This will also be the third bounce from the support. The idea that the third bounce counts is based on following the trend.

2020년 1월 31일

노트

The second indicator was redundant and it's hidden - so ignore the bottom half of the indicator section.