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AUDCAD : Flat In The Making

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 28, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    On the Daily chart of AUDCAD, we see a nice looking flat formation pattern, that could be in final stages. Price seems to be trading in the last leg of our flat in wave C-circled, that has to be structured by five sub-waves. Recent rally towards 1.01625 area could be wave 3 that is still unfolding. AUDCAD, Daily

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