Strong bullish wave (A) ended at level 1.3464
then corrective bearish wave (B) is rejected from demand zone at 1.3324 and 61.8% Fibonacci level of preceding bearish wave (A) at level 1.3304
MACD shows start of bullish momentum
RSI is above level 50
Price is supported above SMA 100
Pair is above HVN at level 1.3293
It's expected for coming strong bullish wave (C) to target level 1.3550
then corrective bearish wave (B) is rejected from demand zone at 1.3324 and 61.8% Fibonacci level of preceding bearish wave (A) at level 1.3304
MACD shows start of bullish momentum
RSI is above level 50
Price is supported above SMA 100
Pair is above HVN at level 1.3293
It's expected for coming strong bullish wave (C) to target level 1.3550
Operación cerrada: objetivo alcanzado:
signal achieved TP 3 with + 346 pips
Operación cerrada: objetivo alcanzado:
USDCAD long trade signal achieved Take profit 3 with +349 pips