USDCAD - ELLIOTT WAVE COMPLETE
As we can see clearly, Elliott wave is forming well on USDCAD.
No Wonder we had so long of stalling till the T.
As I have analysed back for the Monthly Outlook of USDCAD,
We are looking for THE BIG SHORT ( just like the movie ) of the Dollar Looney.
As I marked the X, being the lowest,
Making
1 - 2 the First Wave
3 - 4 the Second Wave
Lastly 5 the Peak,
And we can see how price went lower to A at 1.2900
and currently having a pullback to 61.8% of Fib Retracement forming the B.
We can expect it to go lower towards C where it will reach 127% of the Lower Fib Retracement.
That's it I have for now,
Till then, tell me what you guys think.
Cheers again :)
No Wonder we had so long of stalling till the T.
As I have analysed back for the Monthly Outlook of USDCAD,
We are looking for THE BIG SHORT ( just like the movie ) of the Dollar Looney.
As I marked the X, being the lowest,
Making
1 - 2 the First Wave
3 - 4 the Second Wave
Lastly 5 the Peak,
And we can see how price went lower to A at 1.2900
and currently having a pullback to 61.8% of Fib Retracement forming the B.
We can expect it to go lower towards C where it will reach 127% of the Lower Fib Retracement.
That's it I have for now,
Till then, tell me what you guys think.
Cheers again :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.