kloutt

UC RETRACE just for KICKs

OANDA:USDCAD   USD/CAD
163 4 6
i due this pattern out in chat for MASH....identified the retrace target as 1.32ish in USD/CAD             before a major PLUNGE so far so good
USD/CAD exhibited strong resistance at 1.3180 which is apparent on the 4hr charts.... my projection was made on a 15min chart so i missed it....so my mistake was to not start my analysis on long timeframes and working down to short timeframes
Reply
as u can see in the updated chart the retrace failed to reach target which was a clue of weakness however the USDCAD did test the weekly close and tested the support for almost a full day before breaking support and moving toward the 130500 target . several traders called this move in the chat MASHISUH being very firm in her view.
Reply
MASHISUH has called a double bottom at 130500. wave count supports the idea of lower continuation. it appears like we r in a 3rd wave off the top so we may go even lower
Reply
Nice
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder 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