USDCAD-Wave ii) is a Double zigzag may be triple ?
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Market Commentary:
1. We are in the wave ii) as shown here and that is a double correction in the formation of double ZIGZAG pattern.
2. Whether it willbounce for the wave ii) or it could do deeper correction in the triple correction also as i shown here.
3. You have to place a stop below the wave i) @ 1.2285 for this pattern. but i will place only @ 1.2 only for the target 1.3 1.34 and 1.38.
4. Previous i aacumulated my buy position what i booked @ 1.2850 now @ 1.2505.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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