Usdcad has been on consolidation on the daily chart, with the retracement of price from 50% fibo show sign of strong uptrend, breakout of the consolidation zone will signal more uptrend.
The 50% retracement represent wave2, extension of fibo 161.8+ wave1 pips will be wave3. We expect this pair to move 300pips to 400pips.
Risk 2% of your capital on this trade.
The 50% retracement represent wave2, extension of fibo 161.8+ wave1 pips will be wave3. We expect this pair to move 300pips to 400pips.
Risk 2% of your capital on this trade.
Usdcad Elliot Wave Analysis
Reviewed by zeal
on
11:18:00 PM
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Reviewed by zeal
on
11:18:00 PM
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