AbhishekHSinghCMT
Short

USDCAD- Looks like an e -wave of triangle started

FX:USDCAD   U.S. Dollar/Canadian Dollar
116 3 6
Looking for e-wave down

USDCAD- Bang On Target -100 pips from 1.3117 to 1.3215
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
+919833996865 | LinkedIn
ManojDagia
2 months ago
hi abhishek

please advice tp and sl
Reply
AbhishekHSinghCMT PRO ManojDagia
2 months ago
Stoploss could have been resistance given by b-d line on top -likely when you see prices taking U-turn. Can keep 2-3 pips above 1.3219 i.e 1.3221 for targets in the zone which comes to trendline support at bottom. but do not forget to trail your profit stops -like lock your profits - as finally post e-wave of triangle - possibly we have big force -which can carry prices upside in rocket speed & likely above d-wave high -which is 1.3219 - Prices will shoot up.
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AbhishekHSinghCMT PRO AbhishekHSinghCMT
2 months ago
These spikes can't be helped -stops are taken out for small guys & then they fall back. Look at the spike in d-wave just took stops & started falling- This itself is giving indication that prices are rejected at higher end.
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