USDCAD-Short term BUY trade opportunity in BEARISH TREND

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USDCAD-Short term BUY trade opportunity in BEARISH TREND

Market Commentary:


1. I am looking for a long term bearish...but there is a short term with huge RR in bullish as i showed here.


2. I am expecting wave "c" of b) to complete above 1.3670 to complete the 3 wave corrective structure.


3. We didnt know how it is going to play after the completion of that b). It could be a "c" of X) in a triangle too once it reached 1.3670.


4. My positional(Short term) target in bearish is 1.28 as i explained here with1.3970 to the TP 1.28.


5. Here i got a beautiful RR in a BUY Trade setup with 1.3295 as a STOP for 1.3670 as a target in BUY if you enter here 1.3340.


DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS


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