WaveExpert
Short

Upcoming Trade Setup on USDCAD!

FX:USDCAD   U.S. Dollar / Canadian Dollar
2755 27 58
The pair USDCAD             is going to make a down move if it break the inside pattern! Its in correction mode on Weekly timeframe and got number of chance of down move! Break down of bottom trendline of higher correction we may see a further fall! So keep an eye on this pair!

Trade according to your own strategy!
Thanks
Trade active: Breaking out!
snapshot
Comment: Update:
snapshot
This time I think it can be huge.
Very good risk/reward by setting stops just outside the structure.
+1 Reply
This is the inverse pair, but it tells the picture quite well ;)
+2 Reply
WaveExpert Viking83
very good work!
+1 Reply
Viking83 PRO WaveExpert
Thanks. This one is not so sophisticated, but it illustrates quite well that we are in outer band of the zone. Given that we are to see a strengthening of the CAD, the place to be a buyer is here. The dollar DXY closed right below a GANN resistance line from 2002 on weekly charts. The dollar is most likely due for an intermediate cycle degree correction. Let's see in the coming week. Have a nice weekend!
Reply
Great
+1 Reply
WaveExpert PakistaniHeroes
:)
+2 Reply
Nice setup
Reply
WaveExpert SuzzyZeon
thank you!
+2 Reply
Great stuff as always WE

Question, am curious...how do u take your position, automatically on a break, a re-test of the break or S+R, candle action on lower TF's? Thxs
+3 Reply
Fash...Me too curious...

But in my experience it depends entirely on structure.. Some time you have to wait for a flag after breakout, some time just a pul back,some time a little retracement.. And in one specific pattern not to wait at all, trigger on just breakout... Isn't is so wave expert??
+1 Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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