Time for bulls to appear!
Hi guys!
USDCAD is on its way to complete its correction wave (wave 2), and there is a bearish flag at a temporary bullish movement which shows the demand for rising in price, and also some point of a harmonic pattern can be shaped during possible points for reversal, also there is a strong divergence in MACD for breaking the downtrend line, so in my opinion there can be a rise in price for completing both wave c and wave 2.
I only take action when the flag is broken.
wish you all a great week!
USDCAD is on its way to complete its correction wave (wave 2), and there is a bearish flag at a temporary bullish movement which shows the demand for rising in price, and also some point of a harmonic pattern can be shaped during possible points for reversal, also there is a strong divergence in MACD for breaking the downtrend line, so in my opinion there can be a rise in price for completing both wave c and wave 2.
I only take action when the flag is broken.
wish you all a great week!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.