Sto is in oversold zone. USDCAD has gone too far and finished 3 waves. Watch for candlestick pattern and buy USDCAD now, SL 1300.
This pair will continue the down momentum until 25-27 August. At this time new force will kick in, 25-27 August is the time to BUY. If this pair continue to down after 27 August this analyze is invalid.
The sell cycle will dominant (as chart). Sell when market jump up as a exhaust move (or double top), expect this will be a long down move. SL 30 pips. Good luck to all.
USDCAD double top short, can scalp for 15 pips ... Control risk, remember to put stoploss
USDCAD seem lost upward momentum and can go down, short with R:R =1:4
USDCAD possibles run into double ABCD pattern near support zone, just my 2 cents idea.
USDCAD break lower trendline, sell (need risk control !)
UC is selling off , in my opinion we have many ample chances... Next support zone is 1.7000. Do your own due diligent, control the risk....
Seem UC is making triangle, place sell stop below triangle....
USDCAD has shown weakness with fast exhaust up move, and this is right time to short UC, with very limited risk (just last top + 30 pips) PS: do your own diligent, control the risk !
USDCAD in weekly TF shown the main up trend is finished: - Correction from May.2016 to May.2017 had 1332 pips - Correction from Sep.2017 to Jun.2018 had 1328 pips, missed 4 pips only for AB=CD pattern. - Correction from Sep.2017 to Jun.2018 was 3 drive pattern, each move up has 850 pips. So cautions to any buy order , better go short !
USDCAD is making double correction before drop. It has finished first correction, and now is in progress of second impulse wave. Target : 1.3285 Happy trading !
UC is now in retracement, suspect AB=CD, and then go up. Possibility to buy with limited risk. Enjoy trading !
USDCAD will has strong down, now it is reversing to up trend -short term. Be aware that USDCAD still in main downtrend...