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Uce
Dec 18, 2019 7:58 AM

USDCAD Potential Long 

U.S. Dollar/Canadian DollarFXCM

Description

This is looking more interesting. We might be completing the triangle wave with a last push to the downside. This one is not clear were it is headed to yet but it appears interesting. I'll be keeping my eyes on this one. Waiting patiently to see if that triangle formation comes to light, from there i'll looking at longs to become a new wave 3 on the larger picture. This could take a while. So PATIENCE PATIENCE PATIENCE!!!

Comment

So that last push to the downside we have been waiting for has happened. In the smaller time frames we have also just completed a triangle formation. Technically this looks promising. But i still expect so manipulation for some reason. Riskier entries are in with tight stops. I'll be on top this one to not miss out any moves. I see an impulsive move soon though.
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