Long

USDCAD- Above 1.2930-Temporary halt in down move

Updated

USDCAD- (Alternate Count) -Close All Shorts-Possible U-turn

There is small change - I have done- the fall in "e" wave I was expecting to terminate above 1.2900 - looks like 5 wave impulse itself- so I am taking this as "a" wave of - e-leg

Trading Strategy- Any move above 1.2930 shall indicate that -UCAD looking for zone in 1.3000 handle -which will give us b-wave & then we shall expect a fall in "c-wave" of an e - wave of the triangle as pre previous update

Simply -going above 1.2930 - I shall be looking for 1.3000 + handle & shall book & search for selling opportunity for 100-120 pips in the zone 1.2850-1.2860

Trade active

19:58 Hrs-IST-6th Sep2016- UCAD turns just below 1.2930- Made Session High@1.2928 & had a fall - just saved from going long which I was due above 1.2930

Trade closed manually

Sorry no more updates

WaveTalks

Best Regards,
Abhishek H. Singh
Growth Director - TradingView India

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