i expect price to move down to 129 low then 123 after price failed to break through 138 level , which a descending channel look on daily time frame, wave 1234 already done and we are in the short of wave 5
I expect price to fall to level 129 first before ending to 120 after descending wedge was spotted on daily time frame making a minor wave of 12345 .we are heading to wave 5 now
we done with the zigzag correction and we are expecting impulsive move base on the bearish flag and a zigzag correction. we are done with wave one on for the impulse move on friday , i expect a retracement before going for the impulse wave 3 . note im not trading the retracement , i will only buy if price come to that level
USDCAD finish the zig zag retracement of large correction , we start a new impulsive move last week after the trump tweet... so we expect a 0.618% retracement of ABC wave correction to 1.3350 zone then we buy wave 3 impulsive move to 1.4243 zone which is 1.618 extension using fibo