USDCAD H1 Wave Z Down.
Updated
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H1 We got a strong wave Y down so I'm looking to trade the Z down, start to look for your sell setups once the 38.2fib retracement is hit, break of the TL will invalidate the trade.
I will be targeting the 123.6 and 161.8fib extensions. Targets will need to be adjusted depending on how deep the X2 becomes.
If you wish to Learn how I analyze and trade these setups, by all means send us a PM, you seen these counts and analysis here first!
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation for this free analysis.
Thank's to all the traders in advance that hit the thumbs for your support!
Enjoy!
H1 We got a strong wave Y down so I'm looking to trade the Z down, start to look for your sell setups once the 38.2fib retracement is hit, break of the TL will invalidate the trade.
I will be targeting the 123.6 and 161.8fib extensions. Targets will need to be adjusted depending on how deep the X2 becomes.
If you wish to Learn how I analyze and trade these setups, by all means send us a PM, you seen these counts and analysis here first!
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation for this free analysis.
Thank's to all the traders in advance that hit the thumbs for your support!
Enjoy!
Order cancelled
Trade become invalid without giving entry.
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