AUDCAD potential buy setting up

Here we are waiting looking for the market to pull back into the significant zone to retest it as support and attain some convergence with it falling between or at the 38.2-61.8 fib zone. This pullback looks like it would also be wave 4 for Elliot wave analysis for even further convergence. If we get a candlestick confirmation pattern in the blue Fib area I will look to take this up to the top of area then watch what the market does next.

**Trade at your own risk. I am not a professional trader, use your own analysis as well. Trades can always go against even the best analysis.