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wayusa

USDCAD is ready to reverse after triple three correction

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
wayusa  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Elliott Wave USDCAD EW FLAG reversal
9
0
elliottwaves usdcad ew flag reversal
USDCAD is trading in wave 5 of C which is ending diagonal.

A lot of confluence just above 1.3800 level:
  • A = 1.618 C @ 1.3804 of expanded flat wave Z
  • wave A (Q1 2016) 0.618 retracement @ 1.3835
  • smaller tf fibo projections


I anticipate a little push higher to complete wave 5 of a diagonal before it reverse
snapshot

Related Ideas

wayusa
Final wave in USDCAD triple three correction
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