TradingView
ChrisMark
Jun 23, 2017 8:26 AM

$USD vs $CAD 4H Chart.Simple 5-wave count | #USDCAD #forex #oil Short

U.S. Dollar/Canadian DollarFXCM

Description

Traders,
USDCAD five-wave count almost complete, watch for the next impulse down.

Trade with discipline
Best

Comment

5th wave unfolds, watch the daily chart, possible break of weekly corrective structure, we need a correction to start soon, for bigger downtrend.

Comment

Target Hit

Comment

Comments
IkeOkeke
Thanks for these updates Chris.
ChrisMark
@IkeOkeke, My pleasure mate, hope we get that. Happy pips.
ender.genom
Please, publish new forecasts for us
Senex_FX
I am running two different counts on this. I feel that either wave 1 of wave 3 has completed, and we're correcting for 2 of 3 now, or overall the whole decline from the May high has seen 5 waves entirely, and we're completing for larger w2 now. The chart has the more bearish view, but either way the bearish view remains.

More