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salsapete
4 Jun 2017 pukul 03.13

USDCAD - wave count 

U.S. DOLLAR / CANADIAN DOLLARICE

Huraian

Another look at a currency pair from then to now.



I have a suggested wave count as

1. Primary C wave

2. Intermediate 4th wave

3. Minor C wave


This minor c wave is playing out, and in the hourly chart , it may be possible for a 4th subwave to complete between 1.27 and 1.618 extension of the minute ab correction = 135.50 - 136.00.

So for next week , maybe price makes it way to the 136 level. From there I would be looking at some form of reversal , which would be confirmed with a break of 134 and then I would be short . ( to 132 and then 130).
Lebih