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astairwaytoprofit
Sep 11, 2017 9:54 PM

usdcad Short

U.S. Dollar/Canadian DollarFXCM

Description

Downtrend continuation

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It seems that wave (iv) still forming.

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Many times , if we have strong trend like here, (b) waves reach 1.272 of (a) waves or even more. If we have an H&S pattern in development , the target is in same area. So this short setup has many chances to succeed.
We wich you a good luck.

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Sorry for the chart above

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Wave A has been formed (?)

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Normally, we must wait to see wave B to completed and we will trade wave C (we expect impulsive five ).

Comment

3 Drv pattern?
Comments
maksoy
Working good so far.
Will you update it?
It seems to be ended 5th wave from 1,206Xs.
astairwaytoprofit
@maksoy, I think it's too much risky because of the NFPs announcement.We will wait and see.....
maksoy
Hi Sir.
Will you update USDCAD.
Thanks.
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