I'm that type of trader for long term.So..as you can see, USD/CAD already has made the last, 5th wave for long.After the news, today will start the 3rd wave for short on USD/CAD if you take a look on Week chart.Also on daily chart already have five waves!
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and as you know 2nd and 4th wave everytime touch fibonacci levels, but here on this platform I don't know how to pitched fibonacci, but on my platform in forex USD/CAD touch 38.2 FIBO...So guys, that cry for short ;)Note
CONCLUSION:5 waves on H4 and D!!!!Be careful.
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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.