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