USDCAD: Wave (X) Completed in a TRIANGLE or a FLAT ?
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Market Commentary:
1. As per my view the wave (X) will ended in a triangle as I shown here or it could ended in a flat correction.
2. Safe entry is above the previous high it made 1.39 and the STOP have to place below the wave "e".
3. This is a weekly chart and it will take more time to reach the target.
4. Wave (Y) also contains of 3 wave a,b and c. So Elliottician know how to trade this view.
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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