USDCAD analysis as per Wave Theory

FX:USDCAD   U.S. Dollar / Canadian Dollar

We see a downward Impulse complete and then a Correction ABC, in the upward direction which is Wave A; Wave B will be a downward correction as Wave B is in counter Trend direction; also we see in Wave B we have a Wave A as a 3 Wave structure Wave B also is a 3 Wave structure hence Wave C will be a downward Impulse and thus Wave B will complete.

Hence we are looking for a massive move in the downward direction;

So this is our Long Trem Trend and now accordingly we can keep shorting in every pullback

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