mukkarramali
Short

USDCAD - Elliot wave

FX:USDCAD   U.S. Dollar/Canadian Dollar
68 3 4
Elliot wave . There is also bearish divergence on the Stochastic Oscillator as well as point D of a bat pattern . Looks like a good point to go short
agree - entered at 1.31257. couldnt break and close massive resistance at 1.31398. entered mostly because of divergence - SL set at slightly above R1. would give it a try. Watch out News coming out soon on CAD.
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Cool. Thanks
BEARISH BAT PATTERN COMPLETE
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mukkarramali mukkarramali
This is another traders position as well. Her idea brought it to my attention
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