usdcad
Downtrend continuation
Note
It seems that wave (iv) still forming.Note
Many times , if we have strong trend like here, (b) waves reach 1.272 of (a) waves or even more. If we have an H&S pattern in development , the target is in same area. So this short setup has many chances to succeed.We wich you a good luck.
Note
Note
Sorry for the chart aboveNote
Note
Note
Wave A has been formed (?)Note
Normally, we must wait to see wave B to completed and we will trade wave C (we expect impulsive five ).Note
3 Drv pattern?
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Related publications
Disclaimer
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.