USDCAD has been sliding within a Complex Corrective Pattern.
This is telling me that an Elliott Wave Impulse could be around the corner.
DXY can bounce for a come-back due to its pending Bullish Divergence.
All other FX-Majors (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, NZDUSD) are onto Reversals.
“Difficult to see; always in motion is the future.” — Yoda
My Loonie Technicals:
* Elliott Wave Complex Correction: Triple Three
* Harmonic Pattern: AB=CD
* 78.6-88.6% Fibonacci Retracement
* 127.2-161.8% Fibonacci Extension
* Demand Zone
* Bullish Divergence
USDCAD LONG Signal:
* Aggressive Entry @ 1.3380 with SL @ 1.3150
* Moderate Entry @ with SL @ 1.3050
* TP1 @ 1.3685
* TP2 @ 1.380
* TP3 @ 1.390
* Safety Measure: when in the green, moving SL to BE.
* BUY Stops on the way up, after pull-backs.
Many pips ahead!
Richard, the Wave Jedi.
This is telling me that an Elliott Wave Impulse could be around the corner.
DXY can bounce for a come-back due to its pending Bullish Divergence.
All other FX-Majors (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, NZDUSD) are onto Reversals.
“Difficult to see; always in motion is the future.” — Yoda
My Loonie Technicals:
* Elliott Wave Complex Correction: Triple Three
* Harmonic Pattern: AB=CD
* 78.6-88.6% Fibonacci Retracement
* 127.2-161.8% Fibonacci Extension
* Demand Zone
* Bullish Divergence
USDCAD LONG Signal:
* Aggressive Entry @ 1.3380 with SL @ 1.3150
* Moderate Entry @ with SL @ 1.3050
* TP1 @ 1.3685
* TP2 @ 1.380
* TP3 @ 1.390
* Safety Measure: when in the green, moving SL to BE.
* BUY Stops on the way up, after pull-backs.
Many pips ahead!
Richard, the Wave Jedi.
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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.
Related publications
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.