USDCAD Time Price S/R Zone reached
Hmmm, could this be ready for the upside? Let's wait and see! Trade responsibly :D
There is a 50% of AB marked on the chart which holds nicely attempt to go higher. Pair was hold by GAP(Daily chart). I placed both GAP's on the chart. I would suspect that price will go in consolidation near 1.0500 area and eventually reach the TP area.
Several monthly trendlines coming in play here Might retrace down to the 49 level first, but otherwise a stellar buy Trade safe!
Currently moving in a downside red channel Wait for any bullish move as the pair is currently near the support of the reddish down channel The breakout of the reddish channel to the downside would cause to pair to further move down to the green support line The breakout of the reddish channel to the upside would cause to pair to further move up to the dotted...
Getting short some $BBY here. Staying away from options as earning are upcoming.
Refer to my blog, linked below, for full commentary on the count update. cryptowaves.com