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Buy AUDCAD: Ending wave Y of Double Flat

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FOREXCOM:AUDCAD   Australian Dollar/Canadian Dollar
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1
you can use the sub-wave (C) of the flat wave to open a buy position on the audcad . this assumption is valid as long as the audcad does not go down through the invalidation level @ 0.9578. but need to watch out for and be careful because the Y wave could fail to form a flat wave and possibly can form a triangle wave. therefore we have two references, first buy up to 1.0170 and second buy up to 1.0330. but we also do not have to wait for the price to reach the level teresebut, because this wave flat then we are required to monitor when wave 5 of wave (C) has been completed.

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