USDCAD Long Setup: From PRZ to Resistance Lines

1 set

Today, I want to review the USDCAD(USDCAD) long position with you.

USDCAD has reacted well to Support lines and the Potential Reversal Zone(PRZ)(1.373 CAD-1.370 CAD).

From the perspective of Elliott wave theory, it seems that USDCAD has completed the microwave 5 of the main wave C.

I expect USDCAD to rise to the Resistance lines in the short term.

Second Target: 1.3817 CAD

Stop Loss(SL): 1.3698 CAD

Please respect each other's ideas and express them politely if you agree or disagree.

U.S. Dollar/Canadian Dollar Analyze (USDCAD), 1-hour time frame.

Be sure to follow the updated ideas.

Do not forget to put a Stop loss for your positions (For every position you want to open).

Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.

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1 set

Trade attivo

Trade was activated

2 set

Trade chiuso: obiettivo raggiunto

First Target Done

4 set

Nota

Full Target Done