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glennmercer

USDCAD LONG: Wave-((b)) Looks to be Complete!

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
glennmercer Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD Oil CAD glennmercer gmercerfx Elliott Wave wavecount
18
8
usdcad oil cad glennmercer gmercerfx elliottwaves wavecount
Hey traders! Nice trade out of the symmetrical trianle last night into the completion of wave-((b))! Now, I want to trade the entire wave-((c)) into completion of complex corrective wave-Y. SL is placed tightly below lows as any drop below this point will invalidate the trade. Also, check out the correlating wave count on oil. Happy trading!
Comment:
Nice rally! +19 pips so far. Will move to B/E shortly.
snapshot
Comment:
Great rebound here! Stop moved to B/E. Currently sitting at a R/R of 2.5 at +19 pips. Good luck all
Comment:
Excellent bullish rally with +60 Pips. Currently inside a beautiful extended third wave:
snapshot
Comment:
Beautiful move on this pair! We're currently sitting at a snapshot risk/reward of about 11:1. I want to ADD here. All future updates will be posted on this idea. Cheers!
USDCAD LONG Rally Is ON: Here's Where to Add!
Trade closed: target reached:
As shown on related idea, this one is complete. Well done everybody

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