LONG USDCAD is completing the bigger corrective structure

We are looking for bigger corrective structure to complete for USDCAD, expect a move down next week before any more buys. If you wana sell it make sure to take profit when the low is broken otherwise let the down move finish and buy it, buys will have better Risk to reward than sells when ready.

Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.

If you're a trader who wants to use TradingView to learn more about "Forex Trading & Wave Analysis", make sure to follow us, like and comment.

What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...

Trade with care
We Trade Waves

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If you took the sells with us last week, take profit and wait for the buy setup now.