We were expecting sells in USDCAD last week and we got the sell. If you have taken this trade with us make sure to take profit and look for buys next week. No more sells in USDCAD for us structurally it is ready to go back up to complete the next bigger structure. If it keeps going down from here we will not sell it.
Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.
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What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...