USDCAD Rounding BotomUSDCAD
Bulkowski's Bottom Round
Percentage Meeting Target Price - 57%
Measure = 288 Pips
288(0.57) = 164.16
Price at Bottom = 1.2766
1.2766 + 164 = 1.2928
Target Price = 1.2928
Target Price is in confluence with Fib Zone
Wait for completion of bump (struggling with moving avg, here) and continuation of bowl for buy confirmation.
Begin entry = 1.2800 or greater (Mnth Support) Depends upon price action and completion of bump. Problem is moving averages at 1.2800 level.
Bulkowski Rounding Bottom
We shall see.
