FUNTRADER-Vera

1904 WKP2 USDCAD might retest highs for 784 pips on weekly chart

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello traders,

USDCAD might not drop next week but very possible rise up again to test highs on weekly chart for 784 pips at least.
It shows a warning signal on weekly chart with a small body candelstick even though you can find a bearish evening signal on daily chart.
We prefer to follow the trend on weekly chart and trade carefully on daily chart.

The new impulse leg might test last high 1.4640, fibo 1.618 position of the 1st grand super impulse wave. Meaning price of USDCAD still very possible reverse from fibo 1.618 position.

Good luck on finding out ur plan.
LESS IS MORE!
Comment:

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