dojitrader

Seeking {successful} Second Wave Triangle Test . . . .

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
1
Missed the end of e wave
Either we've seen the end of wave 5 thrust from this triangle
or it is about to extend in 5 waves to the tri projection that
is right around 1.1425 from a simple a-b-c correction into
nice support at the trend line break.
Target 2 is the length of wave 1 depending on where
wave c finally reverses.
The question awaits an answer . . . with one more zig
and then a zag to end c wave with the candlesticks confirming
an entry trigger around 1.1140/20
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