USDCAD: We are in the wave b) and C) of Y) to 1.2800

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USDCAD: We are in the wave b) and C) of Y) to 1.2800

Market Commentary:


1. Wave X) is a triangle and we completed wave a) of Y). Currently we are in the wave b).


2. I am looking for wave b) to complete @ 1.3350 and above it could be a simple correction in ZIGZAG or it could be a triangle too.


3. Target for wave y) of ((b)) is 1.2780-1.28 as i said for the positional target in bearish.


4. Now we are in the correction for the previous bearish swing and the broken trendline could retested again @ 1.3350-80.


5. Once the completion of wave b) I am looking for SELL with 1.3650 as a STOP to the target

 1.2800 to enter approx @ 1.3350-80.


DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS


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