TRDVMA
Short

First leg of major 5th wave seems to be complete.

FX:USDCAD   U.S. Dollar/Canadian Dollar
37 0 0
What does it mean? We shall have a correction most likely upto 1.25-1.26 range and then the price may shoot up with vengeance. This would be the 3rd wave of the 5th major and a fantastic opportunity to long the pair. The wave count, S&R and trend lines are as indicated on the daily chart . Short sellers have a window of opportunity from 1.28 to 1.26. Count the corrective wave to 1.26 carefully and watch for an minuet ABC on the way down in order to make a proper exit. Then wait for a good opportunity to enter long and ride the 3rd wave passing 1.3 levels. Good trading.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out