ForexPhantom
Long

USDCAD - LONG after completion of IV

FX:USDCAD   U.S. Dollar / Canadian Dollar
Dear community,

before we head off into our well deserved weekend, a quick analysis on the USDCAD ;

I believe the price is currently consolidating into a wave IV before starting off into its final wave V. In clear terms, my guess is that the current drop in the USDCAD is nothing more than a deep breath before attacking new highs shortly.

Before I jump on the gravy train I want to make sure the correction is over though. Patience is key, so bear with me.

I will post an update on this analysis as soon as I open a trade. If you wish to get a notification simply like my trading idea or even better follow me.

Have a great weekend and good luck!

Alysson x
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