This is my alternate count in which USDCAD is most probably in wave 4 of wave C of an ending diagonal which might have completed, if this count is correct we are expecting the market to move down
We are not taking any short positions on this trade as this is an alternate count however if this count is correct and price does breach the last swing low as wave 5, we will enter long positions once wave 5 is completed
Remember volume is the key indicator here as if the price does break the last swing low, divergence should stay intact
Let see how this plays, Good Luck !
Disclaimer: This is for informational purposes only, anyone taking trades using this idea will be liable of their own loss
We are not taking any short positions on this trade as this is an alternate count however if this count is correct and price does breach the last swing low as wave 5, we will enter long positions once wave 5 is completed
Remember volume is the key indicator here as if the price does break the last swing low, divergence should stay intact
Let see how this plays, Good Luck !
Disclaimer: This is for informational purposes only, anyone taking trades using this idea will be liable of their own loss
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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。