(( )) - Means circled alphabet
Note- if UCAD does not move above 1.3125 & sustains above that zone & moves below 1.3000- which is critical level then this complete sequence gets changed.
I was very clear in my earlier updates that we should look for long only above 1.3280
This fall from close to 1.3280 to current lows@1.3048 still looks to be part of ((y))-wave -yes it was extended as it is an irregular flat in a ((y)) - wave. This correction could end if USDCAD starts moving above 1.3123-1.3125 zone & sustains above that zone- Then we shall start an upside move in coming sessions.
Note- if UCAD does not move above 1.3125 & sustains above that zone & moves below 1.3000- which is critical level then this complete sequence gets changed.
I was very clear in my earlier updates that we should look for long only above 1.3280
This fall from close to 1.3280 to current lows@1.3048 still looks to be part of ((y))-wave -yes it was extended as it is an irregular flat in a ((y)) - wave. This correction could end if USDCAD starts moving above 1.3123-1.3125 zone & sustains above that zone- Then we shall start an upside move in coming sessions.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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.