USD/CAD after ABCD correction we have bullish run so targets..
After a great Monday with really nice fundamental technical analysis with mr.Mario Draghi speaks the eur/usd smash all the targets .
So in the usd/cad we had a bull run and after ABCD correction .
I saw before the weekend for the breakout i was short btw , until i saw the breakout so we aim for the first little yellow spot to target on easy for tomorrow europe session , and after that we go to take profits in the Target 1 .
We will see the momentum and the how the price establish in the new support zone (which be the resistance for now) .
Also , on the resistance (spot 1) we have the B of the ABCD pattern AND the fibonacci retracement important level, so for me its sure that the price will hit tomorrow the target or the other day ;)
I want to see comments and if i am right go ahead with likes and follow .
J.V
MastersOfForex
So in the usd/cad we had a bull run and after ABCD correction .
I saw before the weekend for the breakout i was short btw , until i saw the breakout so we aim for the first little yellow spot to target on easy for tomorrow europe session , and after that we go to take profits in the Target 1 .
We will see the momentum and the how the price establish in the new support zone (which be the resistance for now) .
Also , on the resistance (spot 1) we have the B of the ABCD pattern AND the fibonacci retracement important level, so for me its sure that the price will hit tomorrow the target or the other day ;)
I want to see comments and if i am right go ahead with likes and follow .
J.V
MastersOfForex
Comment:
only masterFX !!!!