Sunday, April 16, 2017

#USDCAD Daily Elliott Wave Count

#USDCAD Daily Elliott Wave Count

Trade Thoughts - Long against 1.2968

Targets - 1.38000

The USDCAD is working on a triple Zig-Zag B wave correction that should reach the 1.3800 area.  This would be a 61.8% retrace of the A leg. Also C would equal A as well as Z would equal E in the same area.

Below 1.29683 and the B wave is complete at the 1.35978 high and working on C wave Down.

USDCAD Daily Elliott Wave Count

USDCAD Daily Elliott Wave Count
USDCAD Daily Elliott Wave Count