USDCAD Technical Analysis

Potential Long

Wave Analysis:
  • Wave x completed.
  • Wave y to be completed unless Wave x get more complicated.


Price analysis:
*Bounced form 1.3086 level.(Validation Level)
*Engulfing Bullish 4hour Candle about to close.

Involvement:
If the 4hour candle closes engulfing then we will be looking at entering Long in lower time frame.

Catch the Wave
Trade with LT form "The Traders House"

PS: Comments are welcome
Chart PatternsTrend AnalysisWave Analysis

Penafian