CN50USD Set up for bullish continuationGreetings Folks,
China A50 Index a Bull flag pattern has been forming on 4HR chart.
A bullish break is a key confirmation of the uptrend continuation. It also confirms the end of wave 4 and the start of wave 5.
Watch out for a possible breakup level.
All the details on the chart...
Good Luck.!!
5wavesup
USDCAD: keep watching 1.1917 area for a top.Hi guys,
USD/CAD is the pair that is on my watching list for this week and is very interesting. The level that I am watching is 1.1917 which can a trend line from 07/2013. Also lets keep in mind that the H&S has already hit target and looks like we are in 5 waves up in this pair. Time for correction or reversal? I don't know, but thing is for sure, if he gets around 1.1900 will be very interesting and I am try short with tight Stop loss.