Dear community,
I will kick this week off with a long idea on USDCAD. As I believe the price is currently forming a wave IV and eventually break out, starting a final wave V within the cycle.
As per the moment I am opening a long trade. The price is sitting within a perfect Fibonacci retracement level, which makes it, given the Elliot Wave count as I believe it, very attractive.
I will keep you posted about all actions I take within the trade. Like this idea, or follow me to receive alerts.
Good luck!
Alysson x