FullTimeTrader
Short

USDCAD-correction finished

FX:USDCAD   U.S. Dollar/Canadian Dollar
2247 10 36
Still not late for an entry, it was a big day today!!
I think the correction for this pair is finished after an AB=CD pattern (purple line)
We have also a bearish butterfly already in play.
I will hold this long term, im expecting bad FOMC news and oil             possibly rallying.
Good luck!!

*****************DISCLAMER********************************************************************
Always do your own analysis before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
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Great, I shorted it for 30 pips, before it spiked. Covered before going to bed. Now reshorted under yesterday's low.
Let's see how it goes. No tp.
+1 Reply
Fxyogi PRO
a year ago
Nice move agree 100%
Reply
I didnt trust the short;)
Reply
Yahia.Awes
a year ago
Sitting on my hands no short for me yet.
snapshot
Reply
Trading_Jazz
a year ago
Hello, thank you for sharing your work, It has been rewarding to see your point of view. Please allow my audacity, what you think of this view?
Out the Box...Depressed Impulse! // IF=THEN ®

Best Regards ;)
Reply
pete_hef Trading_Jazz
a year ago
I Agree!!
Reply
pete_hef
a year ago
Well. I am not sure if this correction is finished yet! I see 5 waves of an "A-Wave" starting from 1.28231. Thus B and C should coming to complete this correction?
Reply
MarkTrader92
a year ago
Hello , what do you Think About What's Going on With This pair?thx
Reply
pete_hef MarkTrader92
a year ago
Well, it could make a turn soon between 61.8 and 78.6 Retracement. will wait , what Candles looks like. At moment price hits monthly pivot point at 1.3647 This could be happen:
USDCAD: ABCD not complete (Part 2)
Reply
pete_hef pete_hef
a year ago
1.32647 Monthly pivot point
Reply
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