USDCAD 1H Elliot, S&R, Fibonacci SHORT TP 1.243

617
USDCAD 1H Elliot, S&R, Fibonacci SHORT After retracing 50% of the wave "(1)" i think the price is going down to somewhere between 1.258-1.25 to form wave "(iii)", then back to 1.265 to make wave "(iv)" and down to TP 1.243 to fully form waves "(v)" and "1"
This is a close look to my previous 1D analysis
USDCAD 1D Elliot, Trend lines, S&R, SHORT TP 1.2450

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.