Hi dear traders .
here on USDCAD as we can see the price is currently in correction phase ,so as the price just touched the 61.8% of fibo level we can expect price consolidation before the third bullish impulsive move begins .
so from technical aspect we should wait until the correction ends then there could be a possible long opportunity for this pair .
Thanks for your time please leave a like and comment if you found is useful .
Disclaimer :
please note that is my personal point of view about market ,please always take your trades responsibly .
here on USDCAD as we can see the price is currently in correction phase ,so as the price just touched the 61.8% of fibo level we can expect price consolidation before the third bullish impulsive move begins .
so from technical aspect we should wait until the correction ends then there could be a possible long opportunity for this pair .
Thanks for your time please leave a like and comment if you found is useful .
Disclaimer :
please note that is my personal point of view about market ,please always take your trades responsibly .
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.
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.