USDCAD Bullish ABC correction

FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD             looks to have completed its 5th wave move lower and we have RSI and stochastic divergence.

We favour an ABC correction into 1.3630 where 1.3630 will either be the A or the C.

Entry 1.3415
TP1 - 1.3630 (5:1 reward:risk)
TP2 - 1.3725 (6:1 reward risk)

In reversal we favour phasing in 3x shorts from 1.3412 into 1.3410 and 1.3360 in extension for break even/small profit
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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