we have concluded the ongoing bullish wave to be a wave C instead of a wave 3 of a larger impulse. So there may be a breakout to the down side. Trade with care cos its NFP Friday
Trade Pips
Has the USDCAD topped already? My wave count does say so. By the way I'm already short from 1.39383. But the entry signal was a Bearish Dragon pattern. Nevertheless its a relief to see that my wave count tallies with the trade.
