USDCAD, will probably going down 🤔
Simple trend by using Elliot Wave and trend Structure of Lower low & Higher Low. I will be additional idea if the price will deny this possibility
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So the No. 4 LH and Previous LH which is Elliot No. 2 has about 212 pip difference, and some how price might be still going up, and Elliot point No. 4 will be higher(not breaking No.2) , and if price falls afterwards. this main idea might be works out
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Point No.4 has reach it's new higher high, might be going up closing point No.2 to closer gap in pips. USD might going higher on this week
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Price hit, the possible fakeout price lvl. might see another higher point of lower Lower High on point No. 4. (might be happening today/next week)
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2 May 2020 update this idea was a little bit of offset, where price stacks up higher than I was expected, so here is a new one.
