USDCAD- Looks like an e -wave of triangle started

FX:USDCAD   U.S. Dollar / Canadian Dollar
117 3 7
Looking for e-wave down

Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
hi abhishek

please advice tp and sl
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.
AbhishekHSinghCMT AbhishekHSinghCMT
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.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out