usd/cad Ending Diagonal

16 Eki 2016

see chart.
Wave pattern still higher highs and higher lows. Pattern still looks corrective.
Hit like if you are long or a worried short!

25 Eki 2016

İşlem aktif

Trade still open long. 1 2 A B 3 4 as Ending diagonal upon closer look appears to be a "Leading Diagonal" I should have labeled 12345 to form Wave (A). Then ABC to low in the risk zone on 10/19. This low is wave B and an impulse wave C is now forming. It appears we are in fourth wave pattern in this impulse. Look to add to scalp long for wave 5. Then corrective pattern should be done and major downside to 1.20 area expected