USD/CAD ANALYSIS

181
The pair seems to be unfolding as a corrective wave i.e 3 waves of 3.

It shows minuette wave (w)(x)(y) of minute wave {b}.

The scenario shows us that we should be going long after the corection is completed, so we wait for it to play out.

When the correction is completed, we should be going long.

NOTE: Not a recommendation. Just an opinion.

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.