米ドル/加ドル
ショート

USDCAD-alternate count WxYxZ correction

1 513
This pair is in ugly consolidation for two weeks with very low volatility. We know it: after a period of low volatility follows a period of STRONG volatility.

I have discarded the expanded flat scenario because of the choppy and overlapping price action.

Price is consuming time and that reminds me a triangle.

Thats what i'm considering seriously this alternate count: wxyxz correction with a triangle for X appears to be finishing.

We see price is at the E point of the triangle so its going to exploit very soon. Im opening short positions now because it could be too late tomorrow.

D1 chart count:

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Regards

*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell. Most of this setups are for backtesting.
Always do your own analysis before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).

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