FX:USDCAD   U.S. Dollar / Canadian Dollar
The current price is in wave 4 and is about to start wave c. The basis for judgment is:
1. The second wave should be a joint adjustment wave, which means that the fourth wave has not been fully adjusted;
2.4 Wave A is a 3-3-3 three-wave structure;
3. The short stop loss position is placed above 1.414, the starting point of wave 4 A;

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.