dojitrader
Long

Impulsive or Corrective EW Count Suggests A Long Opportunity &

FX:USDCAD   U.S. Dollar / Canadian Dollar
68 1 5
Looks to me like 2 obvious wave counts {with a 3rd unlikely}
but, still bullish from the recent lows and 100 pips is 100 pips.
Entry is a little up for grabs as e waves often start early and do
not touch the bottom trend line . Might have to be ready jump in
on instinct (sounds better than guessing)
All we need is 1 more wave up to d and then, hopefully,
a recognizable 3 waves down to e for an entry trigger.
Candlesticks may help along the way.
Low risk as anything under 1.0706 and this is an invalid count.
OK ! I give ~~~~~
Does anyone see a 3 wave subdivision in e wave ?
The only way I do is if I move d over to the previous high
and pretend the spike low is a 2 of 3 . . .
I guess I'm just toooo picky for e wave is often just to tricky
in it's pink panther disguises.
Don't you just hate it when you're basically right and STILL
manage to miss a great trade ? !!
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