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AUDCAD - ONE VERY CHOPPY PAIR HAS BEEN TAMED..I THINK

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Aqua_Trader Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Wave Analysis AUDCAD LONG buysetup Forex Currencies aussie loonie
23
2
trendanalysis waveanalysis audcad long buysetup forex currencies aussie loonie
As we can see the pair has just possibly finished a Flat ABC correction (Wave 2), of what seems to be a new Cycle of motive waves to the upside. Therefore I'll be considering a Long position all the way up to the 141.4% - 161.8% extension of Wave 1.

Trade safe and implement your own due diligence before executing a trade.

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Comment:
UPDATED VIEW
snapshot
Comment:
getting ready for the move up - downward wedge in play
snapshot
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