USDCAD Elliott Wave Analysis
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Hello friends
In the previous analysis of the currency pair USDCAD, we expected the price to grow and also specified the profit-taking range.
Now, if you took your profit at the desired point and exited the trade, you can enter the buy trade again to reach a higher target.
The reason for this is the formation of microwaves 1 to 4 of the main wave 5, and currently it is appropriate to enter the buy trade to catch the price growth in the main wave 5 of 5.
The stop loss is at 1.3965. And the profit limit is at 1.4200.
To support me, I recommend that you install the Trading View application on your phone and see my analyzes and support me with your comments and Boost. Be successful and profitable.
In the previous analysis of the currency pair USDCAD, we expected the price to grow and also specified the profit-taking range.
Now, if you took your profit at the desired point and exited the trade, you can enter the buy trade again to reach a higher target.
The reason for this is the formation of microwaves 1 to 4 of the main wave 5, and currently it is appropriate to enter the buy trade to catch the price growth in the main wave 5 of 5.
The stop loss is at 1.3965. And the profit limit is at 1.4200.
To support me, I recommend that you install the Trading View application on your phone and see my analyzes and support me with your comments and Boost. Be successful and profitable.
Transakcja zamknięta: osiągnięto wyznaczony cel
To support me, I recommend that you install the Trading View application on your phone and see my analyzes and support me with your comments and Boost. Be successful and profitable.
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