Forex USD/CAD Daily Video, August 13, 2019

Sive Morten

Special Consultant to the FPA
Messages
18,520
Good morning,

Let's proceed with our CAD setup, as we're coming to position taking point:




The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
 
Want to share my experience with H&S.. MACD is falling, highest on LS, lower on H and lowest on RS. This one is little bit funny but it is, also confirmed.. So I think this situation has fenomenal potenital.
I like it more and more, MACD has also hidden divergence..
 

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Loonie, as I see it..
Retrace is shalow, not 38,6, so I expect ABC above 1,3306 and down into 38,6, then an impulsive 5th should come, no longer as 1st. This would complete X correctiion as B Flat to me.
 

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Loonie made running Flat as correction into 4Th wave so I expect extremely good risk/revord trade at double top
 

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Euro and Aussie alreday made lows just Loonie did not make his high. My expectation changed in new HH but just above 50 and limited with 70.
 

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Well, maybe too early but took a short @ 1,3334. Everything looks so ˝good˝, I mean Euro, Aussie and Gold & Silver.. Could not resist..

I am out.. Will hit 50 when Euro makes new low but not lowest in the whole down move..
 
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