USDCAD 3 wave has started
USDCADHi guys
Today wave 2, which shaped as a simple Zigzag finished to formed itself and chart just touched Golden ratio of the wave 1 and had started to develop 3 wave. I wrote proportions between waves in correction and mark Reversal Fibo Cluster above in the chart. Approx target of the wave 3 is 1.37000
Secondary confirmation reversal signals: 1. RSI Divergence H4; 2. MacD Divergence H4; 3. Candle of the absorption H4
Chart shown great reversal at Golden Ratio area, I have no doubt that it's 3 wave started today. I opened trade at 1.32800, when chart started to come back to resistance line 1.33000 after falling, cause I was expected it. SL at 1.32450 and TP 1.37000
Transaction en cours
Chart didn't penetrate begining of 1 wave and stoped at 0.786 Fibo, so cycle is still going on I think :)Transaction en cours
Rock'n'Roll has begun finally :)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.