USDCAD BUYING FROM SUPPORT ON DIP 300+ pips !!!USDCAD is trading near a support zone as i can see this pair is waiting for a strong move in US Index and then it will start moving to our targets
CAD economy is depending on oil prices as we can see US-Oil and Brent had move making new high and now its is expecting a retrace so we are buying this pair from support zone
and looking for a higher rewards against our lower risk
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Usdcadprediction
USDCAD - Probable Expanded Flat Pattern formation in Wave IVThe structure of the downtrend which has been started from the range of 1.3420, has finished in the range of 1.2928 which is in the form of 3 waves. Given this trend, we will probably have a 5-wave uptrend in C-wave, which could be extended up to the target of 1.3523.
If the price crosses the range of 1.2928, this analysis will be violated. In case the price crosses the range of 1.3172, we can expect an uptrend forming hopefully.
USDCAD BUY AFTER BREAKOUT CONFIRMATION !!!!as we see a bullish trend on this pair already performing great buy from this monthly horizontal support area
we are waiting for a bulls breakout and enter to buying USDCAD for higher rewards with low risk
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USDCAD Bearish Deep Crab Pattern Entry is at 161.8 of XA
Targets 38.2 and 61.8
Stops in this pattern for me are RR based, 1:2 , use your own method of trading
Note:
We were long since that blue Shark Pattern before that spike, which I posted in here for free on Oct 19.
Very good trade.
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