USDCAD completing Triangle Formation. Target 1.34
As shown on the chart. Question is whether there will be a last bull ride to the upper line of the triangle or not. Good Trades
Komen:
Prediction about the direction for moves a bit offset but still on the right path! Target 1.34 as said weeks ago.
Komen:
On target to 1.34. After this price shall linger around this price range for a while. I will try to get the bottom to enter long. I assume that once 1.34 range is achieved USDCAD will shoot back to 1.44 (long term meaning weeks). This would be a great ride. Just a bit more patience. Don't forget Patience is one of the important gradients of Trading. Good Trades and Luck.
Komen:
typo: Not gradient but ingredient (shows that I am working currently on a 3d program)
Komen:
Our Targets are all fulfilled. Notice that how the price stuck around our 1st target before advancing down to the second target. Mind you that these targets were set up a month ago. Nevertheless I updated this chart in terms of wave structure and opted an ABC (SEE Updated more recent studies). What is next? I believe price will start moving around the second target range before the UP move starts. I will let you know. Good trades.
