This analysis was shared......the this is the 2nd update....patience always pays..
Usdcad is providing long opportunities according to elliot wave
After completion of ABCDE pattern now it might be good time to invest in ZEC .
If we have a breakout from the upper side of the wedge - wich is around the $10'200 area - the correction might be over. However, it's important to notice that price must come out in an impulsive manner, showing green bars on the volume. I think that most probably we will see lower levels, following the Elliot count presented in the chart.
ENTRY DETAILS: PAIR: XAUUSD ORDER: BUY CMP ENTRY : 1286.581 PENDING SELL: 1281.622 STOP LOSS: 1277.930 TAKE PROFIT : 1292.00 R:R = 1:2.82