USDCAD SELL TO BUY
I have done a Elliot wave analysis on this slightly complex structure incase you are looking for buy entries,
On a bigger picture have already started wave 3 which is the one that moves price because it is an impulsive wave however if we go onto the fractals we are correcting and forming a wave 2 on a smaller time frame, the Elliot wave theory is complex and takes long to label each wave, but I have tried to show as much short term detail, we will enter buys when price reaches wave (2)
Those interested can also take the sells from here to wave (2)
On a bigger picture have already started wave 3 which is the one that moves price because it is an impulsive wave however if we go onto the fractals we are correcting and forming a wave 2 on a smaller time frame, the Elliot wave theory is complex and takes long to label each wave, but I have tried to show as much short term detail, we will enter buys when price reaches wave (2)
Those interested can also take the sells from here to wave (2)
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