Wait for the completion of the 5th wave before going short on USDCAD. Initial targets set at 1.17900 levels.
Comment:
USDCAD is looking for more price action towards the downside.
The 3 indications telling me that price will reverse are:
1: Broadening top pattern formation
2: 61.8% fib reached
3: Zero line crossover on MACD on Daily chart
Good luck trading everyone.
Comment:
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The 3 indications telling me that price will reverse are:
1: Broadening top pattern formation
2: 61.8% fib reached
3: Zero line crossover on MACD on Daily chart
Good luck trading everyone.