Correction completed..
Note
Note
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New point of view. I can say that this was completed corrective structure and we should see US dollar appreciation for the next week. Note
Price broke corrective flag pattern. Now possible one more up move to 127 fib extension and this correction can be finally over and we should see start of big down trend continuation. Buy only when price breaks this small flag or try to enter long as low as possible .. 78.6 % fibb would be perfect entry..Note
Here is 4 hour time frame and larger picture what is happening..Note
More indepth analysis on 15 min time frame.. Example of how is price moving when it is in trend. Usinf fibbonaci extensions nad retracement are great tools for entry points and targets. Note
Long trade active..Note
Trade closed in profit last night. Now I am looking for another long opportunity if price complete e leg of expanded triangle I will look for long entries. Note
Correction completed. Trade active. Note
...Note
Perfect set up for Swing Trade..Note
Simple trade set-up..Note
Trade active...Note
USDCAD tagging corrective support line. If it break to down side it will be end of one month correction and continuation of down trend. There are news later today for USD I will be caution ... RSI still in strong divergence.
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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.