USDCAD at strategic zone; long term

16 Mar 2016

this is long term view of USDCAD
there are 2 main countings for this pair. black one which indicating that uptrend is over and the purple one which indicating a deeper correction for wave 4 and another wave to upside as wave 5
lets see which one is going to happen

16 Mar 2016

Not

so in purple situation now we are in wave 4 and maybe A wave of wave 4 has been finished.
here is the zone for making any kinds of corrective patterns like zigzag, flat, triangle or complex types.

29 Nis 2016

Not

this corrective structure is about to end:

29 Nis 2016

Not

this is a closer view of last leg

3 May 2016

Not

the pattern developed as an ending diagonal. I'm waiting for an impulse to upside.