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USDCAD Long
U.S. Dollar / Canadian Dollar
USDCAD Long
By Umlingo
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Aug 9, 2019
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Aug 9, 2019
I am bullish on the USD against the CAD in the near term.
However , would like to see price correct to the .786 retracement level of the prior swing ( which could be an impulsive minor 5.1 wave ) .
Entry - between 130.80 and 131.40
Stop - below swing low
Target - 6.18 fib extension to 1.3550
RR = 5
Chart Patterns
Trend Analysis
Wave Analysis
Umlingo
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USDCAD - a wave count
by Umlingo
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