JavierAlanHernandez

Technique of the Logarithmic Spiral in W

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Based on the theory of Eliott, we use a logarithmic spiral and the price action analysis to determine the objective of what appears to be a fifth wave.

According to the analysis, it is speculated that the price could reach 1.4000, this would result in about 500 pips of profit in a "Position".

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