USDCAD Short Idea (scalp): UC to continue near term momentum

USDCAD made a substantial move down today.
I expect at least a second wave to follow along, but perhaps not has strong.
One more leg would complete an ABCDE corrective sequence.
OR, that leg down today COULD prove to be just wave 1 of a 5-wave impulse.
If so, then my targets will be quickly breached, as the next leg down would be a wave 3 of 5, most often the strongest.
While I am NOT expecting that, it sure would be nice to have a position for it.
I expect at least a second wave to follow along, but perhaps not has strong.
One more leg would complete an ABCDE corrective sequence.
OR, that leg down today COULD prove to be just wave 1 of a 5-wave impulse.
If so, then my targets will be quickly breached, as the next leg down would be a wave 3 of 5, most often the strongest.
While I am NOT expecting that, it sure would be nice to have a position for it.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Penafian
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.