Trading Signal | USDCAD | Intraday | Elliott Wave

Trading Signal | USDCAD | Buy Orders | Intraday | Elliott Wave

Market: Forex Majors
Symbol: USD/CAD
Signal Category: Intraday
Direction: Bullish
Order Type: Market / Limit

(Entry / Stop Loss / Take Profit)

The following trading signal on the USDCAD forex pair has been posted in the “Trading Signals” section.

Trading Signal | USDCAD | Summary

USDCAD Forex pair took advantage of the massive spike in volatility, with Crude Oil weakening CAD towards grief.
This currency pair has been labeled in an Impulse, with Intermediate (3) (green) complete.
Intermediate (4) (green) has been classified as a Contracting Triangle, with the potential to end it’s corrective phase.
Should the rally continue, Intermediate (5) (green) could reach the 61.8% Fibonacci Extensions, aspiring for around 750 pips as a gain.

Trading Signal | USDCAD | Intraday BUY Orders

USD/CAD – 2H Chart (picture)

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