Very nice long opportunity is ahead of us. Been tracking this pair for a few weeks now. This pair is correcting exactly according plan. We need 1 more pus down. If this hits the pink trendline again this correction is over for a nice impuls.
Since 2016 this pair is going sideways. At the end of 2018 we saw an impuls move to the downside with now what looks like a zigzag correction to the 0.618 retracementlevel. Could be a nice moment to take a shot.
For people following me on twitter know i keep saying this correction ain't over. Corrections to the 0.23 fiblevel do happen but not that often. Reason why cad is strong is because of the rally in oil. I think that rally is about to end too and set for a correction.
Would like to see eurcad go to greenbox to set a nice shoulder head shoulder pattern for the next...