HIDDEN BEARISH DIVERGENCE!!!!I will watch this very carefully ;)
As you can see the first impulsive wave was in the beginning of 2016, then we see the second-corrective and touch a major resistanse, sooooooo for me we should waitin' for the 3rd big impulsive wave...sooon :)
Already have the last 5th wave for long, now the price touched a major resistance 38 fibo(which I know from my platform in forex, here don't use fibo.So for me this is for big shortttt...new week comin' and will see ;)
Okey, guys...sometimes these things happen...The price made higher high (HH), but the oscillator made lower high(LH) AMAZING REGULAR BEARISH DIVERGENCE!!!Now.....just should to go down!
5th and last wave for short is already fact!!!And guys, this is weekly chart...just imagine what will come?!?!?
I'm that type of trader for long term.So..as you can see, USD/CAD already has made the last, 5th wave for long.After the news, today will start the 3rd wave for short on USD/CAD if you take a look on Week chart.Also on daily chart already have five waves!
Good for short, on my opinion.Take a look on Daily and Monthly charts.This is last 5 wave for long and then.....I think everyone know what would happen! ;)