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glennmercer
Feb 28, 2017 12:23 AM

USDCAD Wave Count Update: Possible Sharp Reversal Here Short

U.S. Dollar/Canadian DollarFXCM

Description

Hey traders, here's an update on the wave count for USDCAD. I like the quick powerful rally here followed by corrective structure. Typically, we will see a sharp reversal from this type of move to drop past the original root of the wave. Keep an eye out from a drop from here. After a short bearish impulse, I will open up a short and send an update. Continued rally calls for a re-count. Cheers
Comments
wsbza
3 waves for (c) wave?
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