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We see the formation of a clear triangle pattern in the USDCAD currency pair.
Before this wave, which can be 1 or A, we see the formation of waves that overlap each other. We call these waves 2 or B, which form a clear triangle.
This is a corrective wave. After breaking the bottom of the triangle and pullback, we expect the price to decrease and continue to decline.
The first target is 1.3462, which is equal to 100% of Fionnachi wave 1 or A, and the second target is 1.3390, which is equal to 161.8% of wave 1 or A. Keep in mind the stop loss range of 1.3590 which is considered conservative.
To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
We see the formation of a clear triangle pattern in the USDCAD currency pair.
Before this wave, which can be 1 or A, we see the formation of waves that overlap each other. We call these waves 2 or B, which form a clear triangle.
This is a corrective wave. After breaking the bottom of the triangle and pullback, we expect the price to decrease and continue to decline.
The first target is 1.3462, which is equal to 100% of Fionnachi wave 1 or A, and the second target is 1.3390, which is equal to 161.8% of wave 1 or A. Keep in mind the stop loss range of 1.3590 which is considered conservative.
To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。