Dollar Américain / Dollar CanadienMis à jour BIG trend broken, very strong confluence
Im very excited about this one.
Fundamentals:
Very political, I wont go into it here, have a read of the news. Hint... Solar energy, Electric cars, AI tech, Oil supply/demand and gov policy,
Technical:
50% retracement of the Jan 16' big sell off finished with a double top. Perfect to the pip.
The retracement completed the very beautiful 5 wave pattern in the 37173 formation.
the retracement took 184 days to cycle, vs a 92 day impulse. 50% again!.
Targets. 1.2500 initially, as the previous structural resistance and 1.0500 in the long run.
One could just sit on this all year and add a position on each cycle. I will be waiting for a confirmation retest before entering.
Fundamentals:
Very political, I wont go into it here, have a read of the news. Hint... Solar energy, Electric cars, AI tech, Oil supply/demand and gov policy,
Technical:
50% retracement of the Jan 16' big sell off finished with a double top. Perfect to the pip.
The retracement completed the very beautiful 5 wave pattern in the 37173 formation.
the retracement took 184 days to cycle, vs a 92 day impulse. 50% again!.
Targets. 1.2500 initially, as the previous structural resistance and 1.0500 in the long run.
One could just sit on this all year and add a position on each cycle. I will be waiting for a confirmation retest before entering.
Note
And I'm in at 13125Note
And thar she blows!!, I was a bit early getting in here, but the retest has come and she is off like a rocket!
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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.