Hi traders, and I hope you're all having a wonderful weekend.
USDCAD looks weak at structure level. I am expecting further downside when sidewards support breaks. There is a possibility it could bounce off structure and hit the swing high levels before the next down move.
Best regards,
Tom_Killick
USDCAD looks weak at structure level. I am expecting further downside when sidewards support breaks. There is a possibility it could bounce off structure and hit the swing high levels before the next down move.
Best regards,
Tom_Killick
Komen:
As predicted, a huge move to downside here. Well done to anyone with their own tested trading strategy who are able to trade this move.
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@caseywarning, Thanks for sharing. Price has moved down past the possible completion of the C leg in your analysis now. And I suspect further downside from here on as well.
Balas
@Tom_Killick, Thanks for responding sir! it has in fact dropped far below. I will have to reanalyze. Cheers!
-C
-C
Balas