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ElliottMarket
May 11, 2017 7:37 PM

USDCAD Looking for short  Short

U.S. DOLLAR / CANADIAN DOLLARICE

Description

Looks like 4 wave are finished as expanded flat and now in wave 5 as diagonal. After down sharply.
Comments
JayM
For me, it seems like the wave 4 is still in progress to 1.3568. And, wave 5 will be up above 1.3800. It is good to sell at 1.3830 for a better short.
patterntrader
In fact, this chart provides a different prespective of the market. This type of charing idea never passed through my mind. It is always good to keep in touch with professional traders.
Thank you for sharing this chart. Continue your good work.
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