Expect retrace of wave 4 before the wave 5 down to resume
Expect USDCAD retrace for wave 4 before wave 5 down
US market topping structure, short S&P 500 index SL = 2139, (a little above the previous high) T1 = 2030 T2= 1960 T3 = 1850
SHORT1@1.14249 SHORT2@1.1450 TARGET1@1.1405 TARGET2@1.1375 TARGET3@1.13255
SPX500 is topping and we expect it to draw big time into April and May 2016
The EURUSD is at a decision point, it could go either up or down, our bias is still to the downside.
we expect eurusd to go down to 1.1065 level in the coming week
we recommended to buy usdcad at 1.2930 area, target 1 at 1.3150 has reached, expect it to go all the way to 1.39
trade entry advice for shorting the eurusd for a short term trade
expect EURUSD to form a 3 drives pattern for a short term topping structure
Short when price break the low of the previous H1 candle