USDCAD long idea: IF oil pulls back UC should should hit 1.34
Actualizado
UC has been following fib multiples pretty nicely.
I think this latest bounce wants to hit the 3.618.
The 4.236 Fib extension is a common wave-ender.
But that would require OIl to pullback some which I think it will.
Wednesday is US OIl Inventory report, which might spike price.
I am long now, hoping to have SL in profit before the news.
I think this latest bounce wants to hit the 3.618.
The 4.236 Fib extension is a common wave-ender.
But that would require OIl to pullback some which I think it will.
Wednesday is US OIl Inventory report, which might spike price.
I am long now, hoping to have SL in profit before the news.
Comentarios
Looking good so far. .
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Nice, UC clearing and confirming the blue 2.618 as support now .
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nice, burst above the 2.618 and ready to attack the 3.236. .
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TP hit, Nice! hit the 4.236 EXACTLY as hoped .
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UC hada perfect 4.236 wave up, where I closed my longs .
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UC making good progress towards first target, while still respecting each Fib Closer measurement of the move shows its Impulse and the ripples, just as ALL moves have
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