USDCAD closing in on 1.29253. Looking for short setups. If it extends towards 1.29970, i will become medium/longer term bearish (keep the trade for longer).
I am biased that the complicated structure is in play compared to the fact that it will shoot up in a straight line towards that 1.29970.
I am biased that the complicated structure is in play compared to the fact that it will shoot up in a straight line towards that 1.29970.
Trade active
Trade closed manually
BE. entry at a lower price.Note
Had gone in before but it went too slowly. I am certain it has to break the 1.29252. Preferrably hit the 78.6 or 88.60 fibs to complete the "B wave" Note
Tagged 78.6. If anything an impulse will come to the downside and then the corrective flag. So ill just wait til next week. Order cancelled
Went way beyond the fibs. Dont believe its gonna be the short term one. My long term potential idea seems to be the one to aim for.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.