piphunters

USDCAD: SELL THE CORRECTION

FX:USDCAD   U.S. Dollar / Canadian Dollar
A number of factors leads us to believe that the correction may have very well begun presenting an opportunity to short the pair.
Comment: Just noticed when you run the chart there is a number 1 in the bottom right hand side, that should be disregarded as it is not intentional.
Comment: we didn't get the deeper correction as expected as of now.
Nice count! Thanks! I do agree
Reply
Went right up to your B
+1 Reply
we should consider correction when false top at 1.40 will be taken

Reply
this is how i am counting
Reply
I'm shorting this pair from 1.39-950. The next good point for entry for me it's appearing at the moment. If you prefer wait for a confirmation because it's not the best risk/reward position but it should not go up much more than this. Good luck!
Reply
Thanks for the analysis. What for you would trigger the entry? I am long from 1.3836 and looking to exit when 3Hr stohastic goes overbought.
Reply
piphunters BuySellBuySell
rejection or failure to test the highs once more, I am also watching closely movement oil in regard to this.
+1 Reply
on your wave count the 3rd wave was the shortest which shall not be according to Elliott wave, regards,
Reply
piphunters abdul5577
3rd wave is not the shortest if you take the origin of wave 1 to start from 1.3415 and end at 1.3621
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out