USDCAD Wave Count: Waiting for Bullish Confirmation
USDCAD is in the midst of corrective structure which may be nearing completion. There is a good possibility that the ending diagonal in B will mark the short term low and we will see a move to target. However, there is too much uncertainty just yet to take a trade in my opinion. Keep a close eye on price action over the next 24 hours. Updates to come as the tide rolls!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.