Just an opinion without any indicator, See Monthly retracement in Red, weekly retracement in Blue and Fib extension should fail around 23% monthly retracement. What's the alternative please share your thoughts.
USDCAD
These are my assumption, Monthly retracement did not reach to 50% which makes me believe eventually it should go to 1.18645. But before that it should go higher
Weekly retracement has not reached to 38% yet which is at 1.30274 but because I believe it's ABC pattern the wave C should reach to 1.32244 area which is also coinciding with 23% of monthly retracement and 50% of weekly retracement.
USDCADThese are my assumption, Monthly retracement did not reach to 50% which makes me believe eventually it should go to 1.18645. But before that it should go higher
Weekly retracement has not reached to 38% yet which is at 1.30274 but because I believe it's ABC pattern the wave C should reach to 1.32244 area which is also coinciding with 23% of monthly retracement and 50% of weekly retracement.
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Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight st
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight st
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.
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight st
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight st
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.