If you guys have follow my previous idea which I posted few weeks ago and have read its DESCRIPTION then you might already have aware whats going on this USDCAD chart. We were having a situation when price was touching to the bottom trendline, there were two option either breakdown or move up! I explained all those things in description. So we got a move up and now we are here. Currently we are good for down according to the data. We will just look for sell if we are going to trade on USDCAD. Lower upside channel already have broken. so we likely to hit the bottom of inside pattern atleast.
Trade according to your own strategy! GoodLuck
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After retest its coming down now!
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IMPORTANT UPDATE:
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Lower correction is underformation!
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Target1 hit with 300+ Pips!
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交易结束：到达目标
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Over 400 pips up
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Hit the second target with 560+ Pips!
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1500+ Pips Up in this trade!
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atefhussenn
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hi my friend you are right about the last update here is my weekly analysis on this pair have a look and have great day @WaveExpert
WaveExpert
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Better you avoid buying unless you get clear indication! Btw Thanks for sharing your idea and Good luck 2u @atefhussenn,
atefhussenn
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my idea to short not to buy anyway good luck t u too
WaveExpert
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your point no 4 is indicating buy! :) @atefhussenn,
atefhussenn
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@WaveExpert, yup its a short term buy as i said my friend only will look for buy if a continuation pattern show up as i see so far is looks like a sell setup is forming i wish you the best i just share to see how others how they thinking and i am more interested in the other traders that using patterns and wave analysis as its what am what i love to do good luck again :) :)
Ajoy12345
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I am surprised by current move on USDCAD pair since 18 september 2017. Any update?
waterman
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Hi ! Your strike rate is very good even you trade less. But nowadays you are not posting any ideas at all for the last two months. Why is it so ?
AdamIdris
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Excellent TA WaveExpert. Deep understanding on the price structure. I like it.