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Olu

UsdCad: An Alternate EW Count

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Olu Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Wave Analysis
8
0
waveanalysis
Comments on the chart. Some other things to consider. The blue B might now be complete yet so that is a possible risk to the idea
Comment:
Price rose today. One of the possibilities of this idea is that the right shoulder is incomplete. The ;left shoulder; high is 1.3001 so we can look to that area for the completion of the 'right shoulder' if this idea is correct
Comment:
1.2800 reached as expected. The H&S is now fully in play
Comment:
Nice downmove today. We got to 1.2700 today
Comment:
Price fell hard again today. Its mission accomplished for this idea. End of tracking
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