USD/CAD - Long-Term Bullish Potential
Taking a brief look at the Elliott Wave structure of USD/CAD:
USD/CAD may have completed wave (v) of c of the complex correction as wave c = wave a.
Rising above wave (iv) will would strengthen the case for a bullish move.
With application of classical technical analysis, we also notice a 'triple bottom' pattern, a strong bullish signal.
Let us know your thoughts in the comments.
Cheers to many pips.
USD/CAD may have completed wave (v) of c of the complex correction as wave c = wave a.
Rising above wave (iv) will would strengthen the case for a bullish move.
With application of classical technical analysis, we also notice a 'triple bottom' pattern, a strong bullish signal.
Let us know your thoughts in the comments.
Cheers to many pips.
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.