USDCAD- 1.3200 an invalidation level for iv-waves in C-wave down

Updated
Likely "iv"- wave should not go into "i"- wave zone, which is 1.3200 which is invalidation & my count will go wrong, so I am still open with that risk of 1.3200 invalidation level & target -1.3070-1.3080 where the whole wave from 1.2882 to 1.3235 gets retraced by 38.2% & shall set a stage for the rally. This fall will complete C-wave & an irregular flat.

Kindly do your due diligence at your end also.


USDCAD- Looking for C-Wave of Flat till 1.3070-1.3080 Zone
Trade active
21:58 Hrs- 19th Sep2016-

UCAD made a high@1.3202 & Trading at 1.3193 likely we should not see an overlap of 1.3200 - 1.3205 is very critical in deciding if it goes beyond that level, then probably -C-wave is done & We shall be expecting a stronger dollar - Kindly do your own due diligence as well.

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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