CADJPY is in a corrective wave pattern at the moment. As the pair is about to complete the pattern, a possible buy setup has presented itself, as the last wave is expected to rally from the bottom trendline to the top and eventually exit the pattern. Trade carefully. Thanks for taking the time to look at my idea.
USDCAD is nearing the completion of an ascending channel. We may see a little more bearish movement before wave "e" rallies to completion at the upper trendline. Place a sell after reversal on upper trendline and ride it down to the bottom in profit. Use your own proven strategies. Thanks for looking.
AUDCAD 0.03% currently appears to be in a smaller corrective structure at moment. Wave "c" appears to have just completed and an impulse wave down from the upper trend line has begun starting wave "d". I am expecting a possible buy setup and the start of the wave "e"/completion of wave "d". Watch for the buy setup if the wave "d" is completed. Thanks for looking ...
I am expecting a retest of the lower line of the corrective wave pattern after breakout, and then a continuation of the bearish trend after the retest. Place sell after confirmation of retest is completed. Use your own proven strategies and place stops above corrective wave pattern. Trade carefully.