dojitrader
Long

5 Waves Will Buy Support

FX:USDCAD   U.S. Dollar/Canadian Dollar
40 0 1
An obvious 5 waves in proposed C Wave
plus
Bat pattern
plus
Clear support at what may be a prior 4th wave
Would be an enticing long . . .
But
The 1.618 fib ext of A to B 1.1130
And the measured move @ 1.1120
may halt the correction above support
SO
the market will probably push hard @ 1.1100 support
as that would make the greatest number of traders
sweat the most.
Maybe a clear 5 waves in C will clarify an entry
and candlesticks provide a smart stop
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out