USD/CAD did exactly as per plans as we predicted upside pressures towards 1.36 atleast and gave the recommendations that worked Nice.
Now I think we are in phase of subwave (IV) and ideally we should make triangle corrective leg here and need to consolidate here.
We will look to buy near 1.38 or near if we get chance and will target the next upside station which is 1.42 the ideally a 300% of wave 1 looks sounds to us as the next target.
We will for now should consoldiate in triangle and should make 5 corner triangle before next upside moves,
Our counting On this pair looks very sound as per calculations and so far worked at its best.
We will keep drifiting our self upside on this pair and it has capacity to even go beyond 1.45 even.
Tradig recommendations :
Stay patience. This is not the phase to trade. Triangle and corrective phase. How ever we will look to buy near 1.38 after completion of 5 corner corrective triangle.
Now I think we are in phase of subwave (IV) and ideally we should make triangle corrective leg here and need to consolidate here.
We will look to buy near 1.38 or near if we get chance and will target the next upside station which is 1.42 the ideally a 300% of wave 1 looks sounds to us as the next target.
We will for now should consoldiate in triangle and should make 5 corner triangle before next upside moves,
Our counting On this pair looks very sound as per calculations and so far worked at its best.
We will keep drifiting our self upside on this pair and it has capacity to even go beyond 1.45 even.
Tradig recommendations :
Stay patience. This is not the phase to trade. Triangle and corrective phase. How ever we will look to buy near 1.38 after completion of 5 corner corrective triangle.
