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USDCAD Looks like it may be continuing it's trend to the upside from last year, after spending much of the time this year correcting.
As per the above chart, there are 3 waves to the upside mar…
- So far we can see 3 waves to the downside, with a flat correction ending at the 50% of the move to the upside
- The retracement on the first leg up is usually deep, indicating a high possibility of a double correction
- Previous support at the 76.4% marks an ideal spot for a reversal
USDCAD - 4H Wave Count
As per the above chart, there are 3 waves to the upside mar…
