wsbza

Bearish Potential

wsbza Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
if the white A-B-C rally is end of correction, the minimum target could be re-test the recent low of 1.20613 assuming A-B-C= flat A, then flat B wave decline usually retrace 90% of wave A of flat
more bearish case A-B-C = (2) then expecting wave (3) decline which could take multiple months, probably lasting more than 12 months

alternative bullish case A=1 B=2 C =i
Comment:
Ideally, i hope it gives a flat correction in the lower time frame, maybe within the next 24-48 hours

'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'


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