USDCAD at strategic zone; long term

2016年3月16日

this is long term view of USDCAD
there are 2 main countings for this pair. black one which indicating that uptrend is over and the purple one which indicating a deeper correction for wave 4 and another wave to upside as wave 5
lets see which one is going to happen

2016年3月16日

ノート

so in purple situation now we are in wave 4 and maybe A wave of wave 4 has been finished.
here is the zone for making any kinds of corrective patterns like zigzag, flat, triangle or complex types.

2016年4月29日

ノート

this corrective structure is about to end:

2016年4月29日

ノート

this is a closer view of last leg

2016年5月3日

ノート

the pattern developed as an ending diagonal. I'm waiting for an impulse to upside.