USDCAD Wave analysis Long

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Sep 13, 2017 5:35 AM

C leg of local correction is still missing .

It should be completed before another Drop .
C leg should be considered completed at Resistance of previous ( iv ) 1.2240
or
at Fibo 38.2 Price 1.2280 .
Lets see how the market follows my wave pattern .
Next will be a nice drop till 1.2020 /1.1980 .

Regards

Elliot Wave By mazchaudhry

Wave Analysis elliotwaveanalysis