USDCAD alternate wave count
A downward impulse wave c orange has been developing since January 2016 top.
Now at a potential completion of correction 4 yellow with an ending diagonal c yellow.
If this pair does not breach 1.3639, will see resumption of long-term down trend on wave 5 yellow towards 1.1540
Correlating with bearish outlook of other CAD pairs, such as AUDCAD & EURCAD:
i.gyazo.com/614661ba...c7fb02060a1b3515.png
i.gyazo.com/c218627e...f8711c2e788997f9.png
Now at a potential completion of correction 4 yellow with an ending diagonal c yellow.
If this pair does not breach 1.3639, will see resumption of long-term down trend on wave 5 yellow towards 1.1540
Correlating with bearish outlook of other CAD pairs, such as AUDCAD & EURCAD:
i.gyazo.com/614661ba...c7fb02060a1b3515.png
i.gyazo.com/c218627e...f8711c2e788997f9.png
Comment:
Bearish outlook with patience on the H1 chart:
i.gyazo.com/26f8d889...60e2609bee842e88.png