EuroMotif

USDCAD Short Idea (scalp): UC to continue near term momentum

EuroMotif Mod 已更新   
FX:USDCAD   美元/加元
USDCAD made a substantial move down today.
I expect at least a second wave to follow along, but perhaps not has strong.
One more leg would complete an ABCDE corrective sequence.

OR, that leg down today COULD prove to be just wave 1 of a 5-wave impulse.
If so, then my targets will be quickly breached, as the next leg down would be a wave 3 of 5, most often the strongest.
While I am NOT expecting that, it sure would be nice to have a position for it.
评论:
Oops, just realized the (D) in my chart was not in the red zone, but stuck to top of candle due to magnet tool. Anyway, it is the Red zone that is of interest
评论:
UC did about what I expected. The down leg was about the length expected, only it fell a little sooner than expected and fell a little lower than plotted. I must have mis-measured a fib, will evaluate.
评论:
I have posted a follow up Idea after my new measurements

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。