WaveAnalysis

USDCAD Long Trade Setup

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
I think we have two options. First, a complete correction under the blue trendline and one more downward impulse. If it happens, I'll take a long trade after a reversal structure. Second, an expanding flat between the yellow lines, and a reversal impulse. Because of this option, I'm waiting for a correction to place a pending order.

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