Overall still bullish on USDCAD as my Elliott Wave Theory strategy predicts little upside is left, AFTER a retracement.
⭕️Wave 3 (III) Complete. ⭕️Wave 4 (IV) Correction & Final Wave 5 (V) Bullish Leg Yet Pending. ⭕️DXY Bullish, Meaning USDCAD Is Still Bullish.
Trade closed: target reached
To no surprise, our USDCAD buy analysis worked out to perfection! Beautiful rejection from our Wave IV support zone & shot up 300 PIPS in profit towards our Wave V (Major Wave Y) target. Close out this trade now if you're still holding🔥
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