#1.3140

SELL USD/CAD 1.3097 TP1 1.3080 TP2 1.3055 STOPLOSS 1.3140

The post SELL USD/CAD 1.3097 TP1 1.3080 TP2 1.3055 STOPLOSS 1.3140 appeared first on CTCFM.

CTCFM

SELL USD/CAD 1.3179 TP1 1.3140 TP2 1.3120 STOPLOSS 1.3210

The post SELL USD/CAD 1.3179 TP1 1.3140 TP2 1.3120 STOPLOSS 1.3210 appeared first on CTCFM.

CTCFM

New Post has been published on http://u.to/55k-Dw

Commerce Concept: USD/CAD - Purchase at 1.3140

USD/CAD – 1.3216

Recent wave: Only wave v of c has ended at 0.9407 and wave C of major A-B-C correction is underway for headway to 1.4700

Trend:  Sideways

Original strategy       :

Buy at 1.3170, Target: 1.3350, Stop: 1.3110

Position: –

Target:  –

Stop:-

New strategy             :

Buy at 1.3140, Target: 1.3340, Stop: 1.3080

Position: –

Target:  –

Stop:-

As the greenback has eased after marginal rise to 1.3281 yesterday, suggesting minor consolidation below this level would be seen and pullback to 1.3160-65 cannot be ruled out, however, reckon 1.3130-35 would limit downside and bring another rise later, above said resistance at 1.3281 would extend recent erratic rise to 1.3300, then towards 1.3350-60, however, overbought condition should limit upside to 1.3400-10. 

In view of this, would not chase this rise here and would be prudent to buy on pullback as 1.3130-35 should limit downside. Below 1.3090-00 would defer and suggest top is possibly formed, risk correction to 1.3065-70, break there would add credence to this view, then further fall to 1.3029-30 would follow but reckon support at 1.2999 would hold.

To recap, wave B from 1.3066 is unfolding as an a-b-c and is sub-divided as a: 1.2192, b: 1.2716 and wave c is a 5-waver with i: 1.1983, ii: 1.2506, extended wave iii with minor iii at 1.0206, wave iv ended at 1.0781 and wave v as well as wave iii has ended at 0.9931, hence the subsequent choppy trading is the wave iv which is unfolding as (a)-(b)-(c) with (a) leg of iv ended at 1.0854, followed by (b) leg at 1.0108 and (c) leg as well as the wave iv ended at 1.0674. The wave v is sub-divided by minor wave (i): 0.9980, (ii): 1.0374, (iii): 0.9446, (iv): 0.9913 and (v) as well as v has possibly ended at 0.9407, therefore, consolidation with upside bias is seen for major correction, indicated target at 1.3700 and 1.4000 had been met and further gain to 1.4700 would be seen later.

New Post has been published on http://u.to/55k-Dw

Commerce Concept: USD/CAD - Purchase at 1.3140

USD/CAD – 1.3216

Recent wave: Only wave v of c has ended at 0.9407 and wave C of major A-B-C correction is underway for headway to 1.4700

Trend:  Sideways

Original strategy       :

Buy at 1.3170, Target: 1.3350, Stop: 1.3110

Position: –

Target:  –

Stop:-

New strategy             :

Buy at 1.3140, Target: 1.3340, Stop: 1.3080

Position: –

Target:  –

Stop:-

As the greenback has eased after marginal rise to 1.3281 yesterday, suggesting minor consolidation below this level would be seen and pullback to 1.3160-65 cannot be ruled out, however, reckon 1.3130-35 would limit downside and bring another rise later, above said resistance at 1.3281 would extend recent erratic rise to 1.3300, then towards 1.3350-60, however, overbought condition should limit upside to 1.3400-10. 

In view of this, would not chase this rise here and would be prudent to buy on pullback as 1.3130-35 should limit downside. Below 1.3090-00 would defer and suggest top is possibly formed, risk correction to 1.3065-70, break there would add credence to this view, then further fall to 1.3029-30 would follow but reckon support at 1.2999 would hold.

To recap, wave B from 1.3066 is unfolding as an a-b-c and is sub-divided as a: 1.2192, b: 1.2716 and wave c is a 5-waver with i: 1.1983, ii: 1.2506, extended wave iii with minor iii at 1.0206, wave iv ended at 1.0781 and wave v as well as wave iii has ended at 0.9931, hence the subsequent choppy trading is the wave iv which is unfolding as (a)-(b)-(c) with (a) leg of iv ended at 1.0854, followed by (b) leg at 1.0108 and (c) leg as well as the wave iv ended at 1.0674. The wave v is sub-divided by minor wave (i): 0.9980, (ii): 1.0374, (iii): 0.9446, (iv): 0.9913 and (v) as well as v has possibly ended at 0.9407, therefore, consolidation with upside bias is seen for major correction, indicated target at 1.3700 and 1.4000 had been met and further gain to 1.4700 would be seen later.

New Post has been published on http://u.to/55k-Dw

Commerce Concept: USD/CAD - Purchase at 1.3140

USD/CAD – 1.3216

Recent wave: Only wave v of c has ended at 0.9407 and wave C of major A-B-C correction is underway for headway to 1.4700

Trend:  Sideways

Original strategy       :

Buy at 1.3170, Target: 1.3350, Stop: 1.3110

Position: –

Target:  –

Stop:-

New strategy             :

Buy at 1.3140, Target: 1.3340, Stop: 1.3080

Position: –

Target:  –

Stop:-

As the greenback has eased after marginal rise to 1.3281 yesterday, suggesting minor consolidation below this level would be seen and pullback to 1.3160-65 cannot be ruled out, however, reckon 1.3130-35 would limit downside and bring another rise later, above said resistance at 1.3281 would extend recent erratic rise to 1.3300, then towards 1.3350-60, however, overbought condition should limit upside to 1.3400-10. 

In view of this, would not chase this rise here and would be prudent to buy on pullback as 1.3130-35 should limit downside. Below 1.3090-00 would defer and suggest top is possibly formed, risk correction to 1.3065-70, break there would add credence to this view, then further fall to 1.3029-30 would follow but reckon support at 1.2999 would hold.

To recap, wave B from 1.3066 is unfolding as an a-b-c and is sub-divided as a: 1.2192, b: 1.2716 and wave c is a 5-waver with i: 1.1983, ii: 1.2506, extended wave iii with minor iii at 1.0206, wave iv ended at 1.0781 and wave v as well as wave iii has ended at 0.9931, hence the subsequent choppy trading is the wave iv which is unfolding as (a)-(b)-(c) with (a) leg of iv ended at 1.0854, followed by (b) leg at 1.0108 and (c) leg as well as the wave iv ended at 1.0674. The wave v is sub-divided by minor wave (i): 0.9980, (ii): 1.0374, (iii): 0.9446, (iv): 0.9913 and (v) as well as v has possibly ended at 0.9407, therefore, consolidation with upside bias is seen for major correction, indicated target at 1.3700 and 1.4000 had been met and further gain to 1.4700 would be seen later.

New Post has been published on http://u.to/55k-Dw

Commerce Concept: USD/CAD - Purchase at 1.3140

USD/CAD – 1.3216

Recent wave: Only wave v of c has ended at 0.9407 and wave C of major A-B-C correction is underway for headway to 1.4700

Trend:  Sideways

Original strategy       :

Buy at 1.3170, Target: 1.3350, Stop: 1.3110

Position: –

Target:  –

Stop:-

New strategy             :

Buy at 1.3140, Target: 1.3340, Stop: 1.3080

Position: –

Target:  –

Stop:-

As the greenback has eased after marginal rise to 1.3281 yesterday, suggesting minor consolidation below this level would be seen and pullback to 1.3160-65 cannot be ruled out, however, reckon 1.3130-35 would limit downside and bring another rise later, above said resistance at 1.3281 would extend recent erratic rise to 1.3300, then towards 1.3350-60, however, overbought condition should limit upside to 1.3400-10. 

In view of this, would not chase this rise here and would be prudent to buy on pullback as 1.3130-35 should limit downside. Below 1.3090-00 would defer and suggest top is possibly formed, risk correction to 1.3065-70, break there would add credence to this view, then further fall to 1.3029-30 would follow but reckon support at 1.2999 would hold.

To recap, wave B from 1.3066 is unfolding as an a-b-c and is sub-divided as a: 1.2192, b: 1.2716 and wave c is a 5-waver with i: 1.1983, ii: 1.2506, extended wave iii with minor iii at 1.0206, wave iv ended at 1.0781 and wave v as well as wave iii has ended at 0.9931, hence the subsequent choppy trading is the wave iv which is unfolding as (a)-(b)-(c) with (a) leg of iv ended at 1.0854, followed by (b) leg at 1.0108 and (c) leg as well as the wave iv ended at 1.0674. The wave v is sub-divided by minor wave (i): 0.9980, (ii): 1.0374, (iii): 0.9446, (iv): 0.9913 and (v) as well as v has possibly ended at 0.9407, therefore, consolidation with upside bias is seen for major correction, indicated target at 1.3700 and 1.4000 had been met and further gain to 1.4700 would be seen later.

New Post has been published on http://u.to/55k-Dw

Commerce Concept: USD/CAD - Purchase at 1.3140

USD/CAD – 1.3216

Recent wave: Only wave v of c has ended at 0.9407 and wave C of major A-B-C correction is underway for headway to 1.4700

Trend:  Sideways

Original strategy       :

Buy at 1.3170, Target: 1.3350, Stop: 1.3110

Position: –

Target:  –

Stop:-

New strategy             :

Buy at 1.3140, Target: 1.3340, Stop: 1.3080

Position: –

Target:  –

Stop:-

As the greenback has eased after marginal rise to 1.3281 yesterday, suggesting minor consolidation below this level would be seen and pullback to 1.3160-65 cannot be ruled out, however, reckon 1.3130-35 would limit downside and bring another rise later, above said resistance at 1.3281 would extend recent erratic rise to 1.3300, then towards 1.3350-60, however, overbought condition should limit upside to 1.3400-10. 

In view of this, would not chase this rise here and would be prudent to buy on pullback as 1.3130-35 should limit downside. Below 1.3090-00 would defer and suggest top is possibly formed, risk correction to 1.3065-70, break there would add credence to this view, then further fall to 1.3029-30 would follow but reckon support at 1.2999 would hold.

To recap, wave B from 1.3066 is unfolding as an a-b-c and is sub-divided as a: 1.2192, b: 1.2716 and wave c is a 5-waver with i: 1.1983, ii: 1.2506, extended wave iii with minor iii at 1.0206, wave iv ended at 1.0781 and wave v as well as wave iii has ended at 0.9931, hence the subsequent choppy trading is the wave iv which is unfolding as (a)-(b)-(c) with (a) leg of iv ended at 1.0854, followed by (b) leg at 1.0108 and (c) leg as well as the wave iv ended at 1.0674. The wave v is sub-divided by minor wave (i): 0.9980, (ii): 1.0374, (iii): 0.9446, (iv): 0.9913 and (v) as well as v has possibly ended at 0.9407, therefore, consolidation with upside bias is seen for major correction, indicated target at 1.3700 and 1.4000 had been met and further gain to 1.4700 would be seen later.

New Post has been published on http://u.to/55k-Dw

Commerce Concept: USD/CAD - Purchase at 1.3140

USD/CAD – 1.3216

Recent wave: Only wave v of c has ended at 0.9407 and wave C of major A-B-C correction is underway for headway to 1.4700

Trend:  Sideways

Original strategy       :

Buy at 1.3170, Target: 1.3350, Stop: 1.3110

Position: –

Target:  –

Stop:-

New strategy             :

Buy at 1.3140, Target: 1.3340, Stop: 1.3080

Position: –

Target:  –

Stop:-

As the greenback has eased after marginal rise to 1.3281 yesterday, suggesting minor consolidation below this level would be seen and pullback to 1.3160-65 cannot be ruled out, however, reckon 1.3130-35 would limit downside and bring another rise later, above said resistance at 1.3281 would extend recent erratic rise to 1.3300, then towards 1.3350-60, however, overbought condition should limit upside to 1.3400-10. 

In view of this, would not chase this rise here and would be prudent to buy on pullback as 1.3130-35 should limit downside. Below 1.3090-00 would defer and suggest top is possibly formed, risk correction to 1.3065-70, break there would add credence to this view, then further fall to 1.3029-30 would follow but reckon support at 1.2999 would hold.

To recap, wave B from 1.3066 is unfolding as an a-b-c and is sub-divided as a: 1.2192, b: 1.2716 and wave c is a 5-waver with i: 1.1983, ii: 1.2506, extended wave iii with minor iii at 1.0206, wave iv ended at 1.0781 and wave v as well as wave iii has ended at 0.9931, hence the subsequent choppy trading is the wave iv which is unfolding as (a)-(b)-(c) with (a) leg of iv ended at 1.0854, followed by (b) leg at 1.0108 and (c) leg as well as the wave iv ended at 1.0674. The wave v is sub-divided by minor wave (i): 0.9980, (ii): 1.0374, (iii): 0.9446, (iv): 0.9913 and (v) as well as v has possibly ended at 0.9407, therefore, consolidation with upside bias is seen for major correction, indicated target at 1.3700 and 1.4000 had been met and further gain to 1.4700 would be seen later.