USDCAD: Past, Present and Future
Hi, traders
Here is my idea sharing with you.
Currency Pair: USDCAD
TimeFrame:1D
Scale: Large
Past: From the past data on 1 Month time frame market is moving within a range and on 1Day time frame market is moving between Resistance 1 and Resistance 2 (previously Support)
And form a poles (pattern) or Impulse (wave)
Present: This days market is moving upward channel towards resistance 2 forming flag(pattern) or correction (wave)
Future: After market reach to Resistance 2 Bearish Flag (pattern) then another Impulse (wave) which it will reach to monthly support zone.
Stay Safe, Happy Trading
Thank you
Here is my idea sharing with you.
Currency Pair: USDCAD
TimeFrame:1D
Scale: Large
Past: From the past data on 1 Month time frame market is moving within a range and on 1Day time frame market is moving between Resistance 1 and Resistance 2 (previously Support)
And form a poles (pattern) or Impulse (wave)
Present: This days market is moving upward channel towards resistance 2 forming flag(pattern) or correction (wave)
Future: After market reach to Resistance 2 Bearish Flag (pattern) then another Impulse (wave) which it will reach to monthly support zone.
Stay Safe, Happy Trading
Thank you
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.