GBP/CAD update
Gcad did a simple 1-2-3 correction and is going down. Similar concept to Eur/Cad. I posted this showing you an example of what can happen. Umex chart did an "A-B-C" correction (First wave was 5 waves), while Gcad did a 3 wave up (WXY) (didn't correct to confirm any buy). We can still get one more up with these pairs but as of now eur/cad and Gcad are in sells. Gcad may be going to break the low at this point, and in the end we could wind up with a 3-3-5 flat pattern. I'll just do a video... Hopefully if I have time.
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.