USDCAD- in correction
Hi guys!
In my view, we are in a corrective wave now to complete ABC from a greater cycle to form wave 4, also the wave has reached the trendline, so it is possible to have a fall in price and then by breaking the trendline upward it is going to complete the c wave. if it continues to drop, the corrective wave has finished so we are completing the 5 wave!
let's see! hope it helps!
In my view, we are in a corrective wave now to complete ABC from a greater cycle to form wave 4, also the wave has reached the trendline, so it is possible to have a fall in price and then by breaking the trendline upward it is going to complete the c wave. if it continues to drop, the corrective wave has finished so we are completing the 5 wave!
let's see! hope it helps!
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