USDCAD Buy Long

FX:USDCAD1D

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Oct 17, 2019 3:12 PM

Buy order placed on USD CAD following flat correction after impulse at the 61.8 zone.

Comments

Chingus

⋅ Oct 22, 2019 12:03 PM

Happiness!

VasilyTrader

⋅ Oct 18, 2019 7:28 AM

Is that a gartley?

Chingus

⋅ Oct 18, 2019 8:38 AM

@VasilyPonomarev, If we get a nice drop down on the Y / D leg which completes in the 0.786 - 0.945 region the Gartley would be totally valid. This would also agree with my forecast that we are completing wave 2 and getting ready for a wave 3 buy trade. I'm sure Vee would agree with me 👍😊🤞

Vee0

⋅ Oct 18, 2019 8:52 AM

@Chingus, Yes mate we can only wait and watch

StocksForexPro

⋅ Oct 17, 2019 8:05 PM

Interesting, I have it as a short based on the ichimoku cloud but I can see the logic of your trade too. Keep this one up to date; I'd be interested to see how it goes.

Chingus

⋅ Oct 17, 2019 3:21 PM

I get a running flat building however very similar idea!👍👍👌

Vee0

⋅ Oct 17, 2019 3:24 PM

@Chingus, I was thinking regular flat either way no harm done might need to hold a bit longer