In this particular count of the USDCAD I take into account the weakness of Wave iii of the ending diagonal pattern.
It becomes very obvious that there is underlying strength in the USD which makes the previous idea unlikely.
I believe price is currently in Wave iv so we need to see more price action before formulating any kind of trade plan.
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It becomes very obvious that there is underlying strength in the USD which makes the previous idea unlikely.
I believe price is currently in Wave iv so we need to see more price action before formulating any kind of trade plan.
Please LIKE and FOLLOW to get notification of updates and future posts.
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