USDCAD: Time at mode downtrend signal update
We're close to the expiration date for the longer term signal but the last target hasn't been reached.
I expect to see a reversal from here, which judging by the crude oil chart, will come in a day or two.
Looking to go long, watching for the perfect entry. We need patience, because RgMov is still pointing down, and we have new lows every 5 bars still, so trend is still down, technically.
The minimum target for a long position would be a retest of the previous mode from where the downtrend launched.
Good luck!
Ivan.
I expect to see a reversal from here, which judging by the crude oil chart, will come in a day or two.
Looking to go long, watching for the perfect entry. We need patience, because RgMov is still pointing down, and we have new lows every 5 bars still, so trend is still down, technically.
The minimum target for a long position would be a retest of the previous mode from where the downtrend launched.
Good luck!
Ivan.
Operación cerrada: objetivo alcanzado
Time expired, price surged. Perfection.
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🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.