Hello traders! How is going your trading week? I hope you have earned some pips!

Looks like it's time to update USDCAD. If you remember my previous post we were very bearish, now it's time to fix profit from Shorts.
Last post:
USDCAD EW Analysis 1hr


Today I have several arguments to change my pov from Short to Long:
  • Elliott Wave structure with ABC correction
  • 61.8% Fibo support level
  • Uptrend during the last 10 months
  • Ending diagonal in Wave C - high potential reversal structure
  • And the last - Support & resistance level - see chart.


snapshot

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Note
we started up move, be ready ;)
Note
USDCAD is flying up, keep your Long and Learn Elliott Wave :)
Trade closed: target reached
First target reached. Expect the next impulse up
Elliott Wave

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