farid_ardavani

USDCAD at strategic zone; long term

FX:USDCAD   U.S. Dollar/Canadian Dollar
this is long term view of USDCAD            
there are 2 main countings for this pair. black one which indicating that uptrend is over and the purple one which indicating a deeper correction for wave 4 and another wave to upside as wave 5
lets see which one is going to happen
Comment: so in purple situation now we are in wave 4 and maybe A wave of wave 4 has been finished.
here is the zone for making any kinds of corrective patterns like zigzag, flat, triangle or complex types.

snapshot
Comment: this corrective structure is about to end:
snapshot
Comment: this is a closer view of last leg


snapshot
Comment: the pattern developed as an ending diagonal. I'm waiting for an impulse to upside.

snapshot
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