Trade indices Online
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

USDCAD: Elliottwave Structure provides scope for more upside

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 13, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    Short term Elliott Wave cycle suggests rally from wave (X) low at 1.38 is unfolding in a double three structure where wave W ended at 1.417, wave X ended at 1.405, and pair has resumed higher in wave Y towards 1.44 area. Near term, rally to 1.427 ended wave (w), wave (x) pullback is proposed complete at 1.417, and pair has resumed rally higher. While above 1.417, but more importantly as far as 1.405 pivot stays intact, expect the pair to resume rally towards 1.441 – 1.45 area.

    Continue reading...

Share This Page

Trade indices Online