shevectorie

Wave 1 of a big B to C correction

FX:AUDCAD   Australian Dollar/Canadian Dollar
51 0 4
This is just an exercise for me and for future reference. I know some might not follow the complex abc corrections but the summary is that an EW#2 might be over soon. There can be a move down of roughly 50 pips then a move up to make the 3rd wave. This pair is very tricky to count so I'm not confident in my analysis.

As usual, targets are fib projections of the presumed wave A.

I don't scalp anymore (given up for good) so I won't short it. Just waiting for a long signal. I will publish again if it looks safe to go long.

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