Get started
RabihElJamal

USDCAD #canadian dollar short

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
RabihElJamal  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Wave Analysis Beyond Technical Analysis USDCAD
5
0
trendanalysis waveanalysis beyondta usdcad
USDCAD
USDCAD is unfolding in 5 waves down from 1.3123 high and this wave cycle that started from 17 January 2016 from 1.4690 high should not end before reaching 1.16.
a good entry to play the short move is around 1.2700/1.2740 with a stop at 1.3130 and a target of 1.1611.
Good luck
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.