USDCAD-correction finished

FX:USDCAD   U.S. Dollar / Canadian Dollar
2248 10 36
Still not late for an entry, it was a big day today!!
I think the correction for this pair is finished after an AB=CD pattern (purple line)
We have also a bearish butterfly already in play.
I will hold this long term, im expecting bad FOMC news and oil             possibly rallying.
Good luck!!

Always do your own analysis before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
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Hello , what do you Think About What's Going on With This pair?thx
pete_hef MarkTrader92
Well, it could make a turn soon between 61.8 and 78.6 Retracement. will wait , what Candles looks like. At moment price hits monthly pivot point at 1.3647 This could be happen:
pete_hef pete_hef
1.32647 Monthly pivot point
Well. I am not sure if this correction is finished yet! I see 5 waves of an "A-Wave" starting from 1.28231. Thus B and C should coming to complete this correction?
Hello, thank you for sharing your work, It has been rewarding to see your point of view. Please allow my audacity, what you think of this view?

Best Regards ;)
pete_hef Trading_Jazz
I Agree!!
Sitting on my hands no short for me yet.
I didnt trust the short;)
Nice move agree 100%
Great, I shorted it for 30 pips, before it spiked. Covered before going to bed. Now reshorted under yesterday's low.
Let's see how it goes. No tp.
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