CAD appears to be making a move on Crude Oil's advance these past few weeks. While Crude Oil improves, CAD is setup to advance on its third Elliot Wave. The target point is verified with confluence using EW analsyis, Fib. retracement levels, pivot points, support/resistance, and fundamentals. Set a good stop loss to protect yourself and may the force be with us!
Trade closed: target reached:
Target hit: 5-1/2 day trade, 225 pips.