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
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out