GBP/CAD - How Long Will The Wait Be? (Long-term Forecast)

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Hello traders,

In this chart I see 2 possible scenarios and they both lead to the same direction

The first option: A standard ‘small’ correction which results in a regular 3-wave correction as the third overall wave.
The second option: We get a longer correction that will bring a strong pull-back to the green trend line and then we fall, which means we will have a WXYXZ correction for the third wave.



If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
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Thank you,
Good luck

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