USDCAD long entry opps: UC Support Zones of Interst for Bulls

UC has been consolidating from its massive climb.
Oil has been climbing so CAD shwoing some strength.
But I think the almightly Dollar is about to come back.

So I have some zones of Interest for this week.
Hoping for a steady decline into support at NY open.
This would be a weekly swing trade to hold until Fri.

1.337x would be the Ideal bounce to enter, showing strong bull.
1.335x would be a decent entry but somewhat in the middle.
1.333x would be low Risk/Reward with small SL and large TP.

It is actually possible that the blue 4.236 was THE bounce.
But I suspect that was end of wave A of an ABC correction.
If Oil slumps at London Open, a scalp long is worth a look.

My last trade was long as well, and I got super lucky to catch it just right:

still have some longs open from all the way down there :)

評論:

We bounced exactly where expected, but are now fighting the fib of wave down

Closeup shows the exact Pings of the 3 and 5.236 lines, but 4.236 kinda overlooked.

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