USD/CAD top is placed.Prices should not rise above 1.3598 from here on wards. So will be looking to sell on rise towards 1.3300 - 1.3380 for long term downside.Target is very low.
Check the chart for the details.Everything mentioned in the chart
Now the pair is in its corrective wave structure and hopefully these are the probable moves for this pair in the coming months.For now will go for the long position.Then short
Important Level Chances of reversing from the support level ( Trend Line ) Will buy from 1.4250/40 level with tight SL For now in Sell with SL 1.4660 for TP 1.4240/50
Corrective Upside structure on its way
Some good Downside moves are expected in this pair as moving in a pattern Will sell from the levels 4440-4490 Tp 3835 :)
Took buy from 1.2478( because of falling wedge pattern) and booked at 1.2920 Waited for the reversal confiramtion and then took sell from 1.30 ( Hits the upper trend line ) My targets are 1.28,1.2740,1.2675 :)
Important level.Will sell from that level with tight SL As it is clear from the structure that it broke out a pattern and moving up So not a good decision to sell now Will keep on monitoring the wave structure before going for sell as in its consolidation phase
Expecting Gold to move up.Details mentioned in the chart
A big move upside is coming very soon in this pair.Upside target levels marked also.Some downside is still left till the levels marked.This is what I am getting from my analysis.Don't trade based on this setup blindly.Do your's analysis and trade according to that.
A good sell setup expected very soon. Details mentioned in the chart.
This pair is getting ready to boom up soon.In its consolidative phase now.Once it completes this cycle then it is going to boom up.Hopefully two more waves in this consolidative phase then expecting it to fire up.Expected two waves levels marked with horizontal line d & e
USD/CAD slowly starting to move into bear phase.Details mentioned in the chart