Final wave in USDCAD triple three correction
Buy
USDCAD
into potential wave C to complete triple three correction and form a three drives pattern @ 1.3830. Still, might not complete this one as it looks too perfect to materialize :)
Buy 1.3170
Stop 1.3140
Target1 1.3430
Target2 1.3670
Target3 1.3830
USDCAD
into potential wave C to complete triple three correction and form a three drives pattern @ 1.3830. Still, might not complete this one as it looks too perfect to materialize :) Buy 1.3170
Stop 1.3140
Target1 1.3430
Target2 1.3670
Target3 1.3830
Trade ist aktiv:
buy @ 1.3163
stop @ 1.3140
stop @ 1.3140
Trade geschlossen: Stop wurde erreicht
Kommentar:
Interesting price action here. 100 weekly MA gets rejected, establishing new price channel. Which means bullish set up is still possible.
Kommentar:
Potential long entry @1.3250 at Butterfly Harmonic pattern 1.27 XA ext. near 0.382 previous bull run retracement level
Kommentar:
Excellent example of harmonic setup initial reaction, but later continuation of the predominant trend. Quick little profit secured.
