TradingEW

USDCAD counter-trend trade

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
4
The 3-3-5 corrective wave structure forms the (b) waves of correction (2) and it will eventually be retraced either fully or partially by the next impulse (c).
Thus setup for the impulse (c) wave up, with minor position size for such counter-trend trade, SL at invalidation @ limit of expanded flat.Target 0.6182 x (1).
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