USDCAD at strategic zone; long term

١٦ مارس ٢٠١٦

this is long term view of USDCAD
there are 2 main countings for this pair. black one which indicating that uptrend is over and the purple one which indicating a deeper correction for wave 4 and another wave to upside as wave 5
lets see which one is going to happen

١٦ مارس ٢٠١٦

ملاحظة

so in purple situation now we are in wave 4 and maybe A wave of wave 4 has been finished.
here is the zone for making any kinds of corrective patterns like zigzag, flat, triangle or complex types.

٢٩ أبريل ٢٠١٦

ملاحظة

this corrective structure is about to end:

٢٩ أبريل ٢٠١٦

ملاحظة

this is a closer view of last leg

٣ مايو ٢٠١٦

ملاحظة

the pattern developed as an ending diagonal. I'm waiting for an impulse to upside.