USDCAD Elliot Wave Analysis

83
hey guys, here is my new idea about USDCAD

price just finished a whole wave
now i think is in the point b of the correction abc

point b is 50 % fibonacci retracement of a
im seeing a 5 3 5 (ABC) correction pattern

i marked a green zone below which is the -127 level of the fibonacci extension between a and b, as a take profit zone where i think the price will move it forming C

this is just an idea, tell what you think about this count.

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.