Elliot-Wave Theory 5th Wave Completion Long

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Jul 11, 2018 12:41 PM

USDCAD is in an ascending channel with an Elliot Wave 1234 completion patter. Price has been rejected from the 0.382 Fibonacci retracement level with strong bullish candles. Will we see a 5th wave completion ??

Comments

OJFX_

⋅ Jul 11, 2018 1:24 PM

BOC rate decision in 30 minutes?

myfxhub

⋅ Jul 11, 2018 1:33 PM

@OJFX_, with possible strength if price comes close to fib possibly another entry or it could send price higher ?