In this extension of the original UJ Sell idea with Targets below, we back out to a weekly and look at a possible Running Flat (for Wave Traders) - we go over symmetry in the markets and aggressive corrections on weekly. Doc will show analysis for confluence and how we have targets still lower. Maybe don't 'buy the bottom yet'!! Finally a good example of lower...
Is USDCAD Ready for a Short Trade | Swing Trade Idea I see that USDCAD has been in a mild down trend on the daily chart It has created a range and a downward channel. Can we Short the USD/CAD now?
The USD/CAD has formed a 3-4 Setup One Short on the Hourly Chart On the Daily, we can see its stuck within a tight range That range is the Wave 4 of the D1. It's a Wave 4 within Bullish formation. So the breakout of the highs of the range will leave to Wave 5 Meanwhile, price is hovering near the Lows of the Range. Drop the H1 chart and you find a Setup 1...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!