USDCAD Out of steam? @1.44454
The pair is at a crucial point from what I have studied.
1. On the verge of braking a monthly trend.
2. On the verge of braking weekly support.
3. Completion of 5 waves, perhaps the C Correction wave maybe part of a 3rd wave of a new sequence?
4. Momentum on MACD looking bearish
Short @ 1.44467
Target @ 1.39867 (~450 Points)
Stop @ 1.45446 (100 Points)
Any views? Recommendations?
1. On the verge of braking a monthly trend.
2. On the verge of braking weekly support.
3. Completion of 5 waves, perhaps the C Correction wave maybe part of a 3rd wave of a new sequence?
4. Momentum on MACD looking bearish
Short @ 1.44467
Target @ 1.39867 (~450 Points)
Stop @ 1.45446 (100 Points)
Any views? Recommendations?
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