USDCAD Long position High Probability Trading Strategy
Higher time frame: Weekly
Lower time frame: Daily
Weekly Postion:
Momentum: Oversold
Pattern: Maybe ABC Correction.
Price: 50% retracement area.
Time: >100 Price project if compare Wave A and Wave C
Daily Position:
Momentum: Oversold
Pattent: Wedge Diagonal of wave 5 or ABC pattern
Price: 61.8-78.6% retracement area
Time: Not 100% L-L and 100% time Alternative Price Project.
Lower time frame: Daily
Weekly Postion:
Momentum: Oversold
Pattern: Maybe ABC Correction.
Price: 50% retracement area.
Time: >100 Price project if compare Wave A and Wave C
Daily Position:
Momentum: Oversold
Pattent: Wedge Diagonal of wave 5 or ABC pattern
Price: 61.8-78.6% retracement area
Time: Not 100% L-L and 100% time Alternative Price Project.