A Wonder to Behold on USDCAD!
Updated
The 4H Chart showed the end of Wave 2 and the beginning of the Impulse Wave 3 (so called "A Wonder to behold").
Reasons for entry: Wave 1 (Impulse) and 2 (ZigZag Correction) seemed to have ended. Alligator had turned up. AO Showed bullish momentum. Entered on the Long Fractal.
Reasons for entry: Wave 1 (Impulse) and 2 (ZigZag Correction) seemed to have ended. Alligator had turned up. AO Showed bullish momentum. Entered on the Long Fractal.
Note
Wave 2 is also Wave 4 of a larger degree and wave 3 will be wave 5 of a larger degree.Note
Turned out to be wave 5 "Slow and Steady"Trade closed manually
He conquers, he who thinks he can…
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