Taking a brief look at the Elliott Wave structure of USD/CAD:
USD/CAD may have completed wave (v) of c of the complex correction as wave c = wave a.
Rising above wave (iv) will would strengthen the case for a bullish move.
With application of classical technical analysis, we also notice a 'triple bottom' pattern, a strong bullish signal.
Let us know your thoughts in the comments.
Cheers to many pips.
USD/CAD may have completed wave (v) of c of the complex correction as wave c = wave a.
Rising above wave (iv) will would strengthen the case for a bullish move.
With application of classical technical analysis, we also notice a 'triple bottom' pattern, a strong bullish signal.
Let us know your thoughts in the comments.
Cheers to many pips.