USDCAD is at an inflection point where it can pull back and retrace against the move up from 1.3038
Most of my trade setups for the entire month have been long USDCAD. (Check related ideas). As the move progressed up, the wave count kept showing further upside where several market participants started getting bearish.
At this point, the count is complete from 1.3038, and we should see a pull back. The larger structure is still bullish, so not expecting a capitulation here.
The 61.8% Fib confluences nicely at the moment with the bottom of the channel
Most of my trade setups for the entire month have been long USDCAD. (Check related ideas). As the move progressed up, the wave count kept showing further upside where several market participants started getting bearish.
At this point, the count is complete from 1.3038, and we should see a pull back. The larger structure is still bullish, so not expecting a capitulation here.
The 61.8% Fib confluences nicely at the moment with the bottom of the channel
액티브 트레이드
Tightening stops to 1.3280노트
Correction - Tightening stops to 1.3380
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관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.