USDCAD - Monthly support + AB=CD with DIV - 4HR - POT long

2017年6月28日

USDCAD - Monthly support + AB=CD with DIV - 4HR

We are just entering Monthly support and AB=CD complete at same price level.
A little further down is Butterfly completion point.
RSI Divergence is showing us we may not reach the pattern completion levels, and the AB=CD may take effect to react first.
Waiting on candle close and reaction here on the 4HR
DIV is notable from Oversold into normal RSI zone on all time frames at current price level and retesting the 30

2017年6月28日

註釋

Opening up the chart we see the completion area would be a 618 swing area for the current larger pattern

2017年6月28日

註釋

1HR crab + DIV

2017年6月28日

交易進行

Divergence is still in control, Oil dropping

2017年6月28日

註釋

Pattern looking to complete.
Not going to rush this with a limit order
waiting for confirmation once we hit 1.311 -1.307

2017年6月28日

交易進行

1/2 position open with 100 pip stop below 1.3
other 1/2 on buy stop to catch a run
SL for 1/2 position = 1%

2017年7月3日

註釋

our SL is still well from being hit.
second half bought 1.29 stop