Intraday Elliottwave Analysis: USDCAD, stopped out
|USDCAD closed back into daily Ichimoku cloud.
Unfortunately both long positions were directly stopped out yesterday.
I apologize very much for that...
Price may be formed a small abc correction target at least 1.2656/13.
If so, today will not touch or close above 1.2820.
According to my system, weekly buy mode is still valid.
Once it changed to sell mode, will re-build short positions.
Daily support Levels: 1.2751 1.2748 1.2735 1.2717 1.2711 1.2684
Daily resistance Levels: 1.2788 1.2801 1.2809 1.2819 1.2822 1.2855 1.2876
Intraday Trade Idea:
Sell Latentinterest Order: 1.2809
Buy Latentinterest Order: 1.2687
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