U.S. Dollar / Canadian Dollar
Short
Updated

USDCAD - SHORT LEVEL

234
SHORT LEVEL : 1.34600 & 1.35000
-
WE CURRENTLY 3 PATTERN ON THIS
CHART.
1. AB=CD PATTERN
2. GARLTEY PATTERN WOULD BE DONE
AT THE SHORT#1 LEVEL.
3. BAT PATTERN WOULD BE COMPLETE
AT SHORT ENTRY #2
-
THIS CHART IS ONLY IF USDCAD KEEP
GOING UP AND IF SHORT ENTRY #2 TRIGGER MY TAKE PROFIT WILL BE 1.34200.
Note
Here is the OTHER POSSIBLE SCENARIO if USDCAD goes DOWN! ..
1. AB=CD
2. ABCD PATTERN
3. BAT PATTERN
4. WEEKLY LEVEL
snapshot
Note
USDCAD LONG LEVEL : 1.30400
-
We have the 88.6% + 261.8% BC PROJECTION
in a VERY TIGHT AREA... Does it give us a sign
of potential reversal zone? For myself, it does.
-
Would also complete the BAT PATTERN + we can
see that it is a very strong area!
Note
Here is the chart view
snapshot

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