USDCAD wait for correction down to finish next week

If you have taken buys with us, make sure to move stops. It is ready for an up move and incase if we get any break of low it will potentially be last low for us, after the break any buy setup we get we will take it and keep it as Mid term trade. For now keep moving stops in profits and you should be in risk free trade. It looks like it will make down move to complete correction first and then buy setups will be ready.

Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.

If you're a trader who wants to use TradingView to learn more about "Forex Trading & Wave Analysis", make sure to follow us, like and comment.

What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...

Trade with care
We Trade Waves