AndyM

USDCAD completing wave 5 up, 3-month correction ahead

FX:USDCAD   U.S. Dollar/Canadian Dollar
So eventually USDCAD             managed to deliver its 5th wave, and its completion is getting closer - possible targets can be 1.3298 or 1.3496.

Then a correction should happen, and given the proportions and relative durations of the moves it should last some good three months. Possible targets are given on the chart.

After the correction there will be even more upside for USDCAD             - there is an untapped set of waves 1-2 (0.94 - 1.12 range) waiting for their corresponding w4 and w5.
Great stuff!
Definitely in my watchlist.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out