USDCAD - WAVE REVISION - Looking For Longs
The evolution of my analysis opens up the door for a new wave of AriasWave analysis.
I've seen these waves a thousand times but sometimes it takes many more to really understand a chart.
Green Wave II may look like nothing but I just go by the waves and this is my interpretation.
These interpretations can be valuable, take for example the end of Blue Wave II, look at the small stop you could of had on that big move.
This is why we should not overlook these simple waves because they all mean something.
Green Wave II support is 1.27823 so Blue Wave 2 cannot go below this level.
Yes I am bullish USDCAD as of now but the bottom of Wave E of Blue Wave 2 has not yet happened.
I will be posting more on this shortly.
Please LIKE and FOLLOW to get notification of updates and future posts.
I've seen these waves a thousand times but sometimes it takes many more to really understand a chart.
Green Wave II may look like nothing but I just go by the waves and this is my interpretation.
These interpretations can be valuable, take for example the end of Blue Wave II, look at the small stop you could of had on that big move.
This is why we should not overlook these simple waves because they all mean something.
Green Wave II support is 1.27823 so Blue Wave 2 cannot go below this level.
Yes I am bullish USDCAD as of now but the bottom of Wave E of Blue Wave 2 has not yet happened.
I will be posting more on this shortly.
Please LIKE and FOLLOW to get notification of updates and future posts.
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