USDCAD 02SET2017 September and October forecast
I believe this Month - September - for USDCAD will be BLUE and with a Low at 1.23047 and the High at 1.28430.
October High will be at 1.27730 so this month should close bellow that point in order to this idea become confirmed.
All those waves have the purpose to sync/converge to 1.22030 that I believe will be Low for next Quarter where a great Up will occur up to 1.3915.
The first jump (4th wave of this last )will occur at 1.2335 - not yet there - but will go down again to seek 1.23047 as this will be this Month Low/impulse up.
Pay attention specially on the thick lines in violet, as the dashed and thinnest lines are more flexible to occur.
This study is based on the Quarter/Monthly data by using convergence calculations on waves.
Please be aware that:
- These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server - should use Forex.com data here on tradingview to sync 4H and daily charts .
- Please note that I am only predicting where things happens, not when, because that really depends on others factors such as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast/slow motion tool.
- Also those points/targets are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence on very high timeframes starting from daily charts up to yearly.
October High will be at 1.27730 so this month should close bellow that point in order to this idea become confirmed.
All those waves have the purpose to sync/converge to 1.22030 that I believe will be Low for next Quarter where a great Up will occur up to 1.3915.
The first jump (4th wave of this last )will occur at 1.2335 - not yet there - but will go down again to seek 1.23047 as this will be this Month Low/impulse up.
Pay attention specially on the thick lines in violet, as the dashed and thinnest lines are more flexible to occur.
This study is based on the Quarter/Monthly data by using convergence calculations on waves.
Please be aware that:
- These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server - should use Forex.com data here on tradingview to sync 4H and daily charts .
- Please note that I am only predicting where things happens, not when, because that really depends on others factors such as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast/slow motion tool.
- Also those points/targets are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence on very high timeframes starting from daily charts up to yearly.