CADCHF Weekly Elliot Wave Count. Headed higher next year?
After completing what looks like a 5 wave leading diagonal in January of 2016 the pair has held that low of .6804 for the last 4 years. Over those 4 years it has been consolidating at the lows with a slight uptrend channel. It does look like it may be getting close to breakout time with a run toward .8400 over the next year. Below .7176 would invalidate the current Elliott Wave Count.
CADCHF Weekly Elliot Wave Count |