FX:USDCAD   Dolar U.S/Dolar Kanada
794 14 30
USDCAD             in a daily up trend correction..
It is making another up move which is an E wave to complete the daily structure before next big downside..
Look for the breakout of the flag for sells will be a nice idea!
Check EURCAD             chart in the related ideas!
All CAD pairs have a big move to come so keep an eye on this one too...
Thank you
Keep following and support!
Komen: ABC or ABCDE? Let it prove itself

Idea Berkaitan

Thanks for your great analysis!
Here is my view on USD/CAD if you are interested:

Based on Market Profile (volumes) and Price Action there are two very strong resist/support zones.
The short level (1.3666) is placed where a cummulation before a strong sell-off took place.
The long level (1.2922) is based on strong rejection activity accompanied by huge volumes (seen on the right cummulative volume on the right).

If you are interested there are more Market profile swing and intraday analysis in my profile page. You are very welcome there!
Looks good. Let's wait for flag breakout :)
+1 Balas
very good analyse.
+1 Balas
Good one, the structure looks better this time!
+1 Balas
You're seems gonna wait too much time before get your trade position
+1 Balas
@OyaFX, no problem for me.. I can wait for correction to over before I take trade
@OyaFX, This is just a daily structure. This pair has very big downside in weekly and I am gonna hold my positions for years to get some good rewards
mlbo OyaFX
@OyaFX, there are enough pairs/croses to trade mainwhile while waiting.
@mlbo, Exactly. We can't miss others while waiting for one pair
Just curious ! why would you call E in channel rather than Y of WXY. I 100% agree on idea.
+1 Balas
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