This Week We have two scenarios .. First one : USDCAD on its way to complete Gartley pattern.(Red Pattern)
And also we can see bullish ABCD pattern .(Green Pattern )
Second scenario :
USDCAD try to complete bearish ABCD pattern (Blue Pattern)
If the price breakdown 1.2720 level it will be go down to complete the first senario
If the price break 1.3015 Level It...
EURCAD will go down to start wave 5
or It can be (b) wave of (ABC) correction pattern
So we can go short (sell) for short term
ENTRY POINT : 1.5590
TAKE PROFIT : 1.5490
STOP LOSS : 1.5660
about 100 pips
Then we will wait to see if It go up to start (c) wave or go down
AUDCAD , DAILY CHART
AUDCAD Will complete the pattern In the few days upcoming .
The pair finished wave ( A ) and now in Its way to complete wave ( B ) at 1.0255 level .
Then it will go down to wave ( c ) ... And I think It will be contain 5 waves.
So we can wait till 1.0255 level then go short ( SELL ) .
USDJPY , H4
USDJPY finished wave 2 (corrective wave ) .. And now will start wave 3 ( impulse wave ).
We can see price action and divergence improve our view .
So we can go long ( BUY ) now.
It will be a good trade
NZDUSD , H4
on long term as my view
we can see A cypher pattern has completed and the price touched the down trend on daily chart >>
there is divergence prove my view
we can go short when the price breakout up trend that shown on chart
Target level on chart