USDCAD is completing wave 4, don't miss the last impulse
Hello everyone, my hatred of the dollar does not calm down.
Also on this cross I see a weak greenback.
From a technical point of view we see that after the last bearish impulse the cross is keeping the new level and there don't seem to be any great attempts to change the trend.
The consolidation could be a short-term wave 4 and I expect a further downward impulse that will lead us to support in the 1.3155 area.
I remind you that all my ideas published at the moment are against the dollar so you have to be very cautious (choose at most 2 or reduce exposure on individual trades). Alternatively, I am also following the AUDUSD cross which is the only one in which I see a strong USD, so we could evaluate a partial hedge against the possible strength of the dollar by opening a short on this one.
Gud lak
Mox
Also on this cross I see a weak greenback.
From a technical point of view we see that after the last bearish impulse the cross is keeping the new level and there don't seem to be any great attempts to change the trend.
The consolidation could be a short-term wave 4 and I expect a further downward impulse that will lead us to support in the 1.3155 area.
I remind you that all my ideas published at the moment are against the dollar so you have to be very cautious (choose at most 2 or reduce exposure on individual trades). Alternatively, I am also following the AUDUSD cross which is the only one in which I see a strong USD, so we could evaluate a partial hedge against the possible strength of the dollar by opening a short on this one.
Gud lak
Mox
Trade active
Trade closed: stop reached