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Short on USDCAD

91
Correction completed..
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syot kilat
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syot kilat
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New point of view. I can say that this was completed corrective structure and we should see US dollar appreciation for the next week.

syot kilat
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Price broke corrective flag pattern. Now possible one more up move to 127 fib extension and this correction can be finally over and we should see start of big down trend continuation. Buy only when price breaks this small flag or try to enter long as low as possible .. 78.6 % fibb would be perfect entry..

syot kilat
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Here is 4 hour time frame and larger picture what is happening..

syot kilat
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More indepth analysis on 15 min time frame.. Example of how is price moving when it is in trend. Usinf fibbonaci extensions nad retracement are great tools for entry points and targets.

syot kilat
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Long trade active..

syot kilat
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Trade closed in profit last night. Now I am looking for another long opportunity if price complete e leg of expanded triangle I will look for long entries.

syot kilat
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Correction completed. Trade active.

syot kilat
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...

syot kilat
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Perfect set up for Swing Trade..

syot kilat
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Simple trade set-up..

syot kilat
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Trade active...

syot kilat
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USDCAD tagging corrective support line. If it break to down side it will be end of one month correction and continuation of down trend. There are news later today for USD I will be caution ... RSI still in strong divergence.

syot kilat

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