Is it finally time for the Looney to drop?

FX:USDCAD   美元 / 加元
Hi All,

This pair has been very frustrating of late and from what I have seen, it is a bit of a rouge pair as it doesn't follow the DXY basket movements even though it accounts for 9.1% of it's movements. With that in mind, CAD must be the corrective pair in the DXY as it does the opposite to EUR and CHF which explains the rouge / corrective nature that the Looney is.

However, it does look like it has come to an end based on my EW count as listed below.

Updated count:

Overall count I have is a Flat correction (3-3-5) broken down like this...

Wave A: 3 Wave ZZ correction
Wave B: 3 Wave Flat correction

Wave C: - Ending Diagonal or an ascending triangle (5 waves broken down into 5 x 3 corrective waves)
Wave 1: Double ZZ (WXY)
Wave 2: Flat Correction
Wave 3: Double ZZ (WXY)
Wave 4: ZZ Correction
wave 5: ZZ Correction (Key thing to note here is that wave A vs. C has now hit 100% which is a key termination point so possible reversal could be in play)

I am not looking for short entry for a possible BIG short to target 1.15720.

Keep an eye on this one for sure...

Good Luck!

交易結束:目標達成: Update count coming shortly - Good pips gained.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出