📈 USDCAD Long Setup 📈
I'm identifying a potential long opportunity on USDCAD based on Elliott Wave analysis.
🔍 Wave Analysis:
We’ve completed waves (a) and (b) with a current move up forming wave (c).
The target for wave (c) is at 1.36625, with an extended target at 1.618 Fibonacci level around 1.37075.
🎯 Target:
Entering long around the 1.36275 level, aiming for the continuation of the uptrend to reach the primary target of 1.36625 and possibly the extended target of 1.37075.
Keep an eye on the retracement level and confirmation signals before entering the trade. 🚀
I'm identifying a potential long opportunity on USDCAD based on Elliott Wave analysis.
🔍 Wave Analysis:
We’ve completed waves (a) and (b) with a current move up forming wave (c).
The target for wave (c) is at 1.36625, with an extended target at 1.618 Fibonacci level around 1.37075.
🎯 Target:
Entering long around the 1.36275 level, aiming for the continuation of the uptrend to reach the primary target of 1.36625 and possibly the extended target of 1.37075.
Keep an eye on the retracement level and confirmation signals before entering the trade. 🚀
Trade active
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