USDCAD Potential Finish of Sell Model - targeting 1.2000 level
I'm looking at the Dollar Canadian Pair & I couldn't help but spot this Sell Model. I think in the next month or two we are going to complete this structure & ultimately reach for the 1.2000 level.
Earlier this year in June the Dollar CAD made a significant swing low after purging a Intermediate swing however the purging isn't complete in my opinion. If you understand turtle soups then will notice how incomplete the turtle which occurred in june.
I believe price will want to revisit that level again and create a lower low.
My 2 cents.
Earlier this year in June the Dollar CAD made a significant swing low after purging a Intermediate swing however the purging isn't complete in my opinion. If you understand turtle soups then will notice how incomplete the turtle which occurred in june.
I believe price will want to revisit that level again and create a lower low.
My 2 cents.
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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.