Thursday, July 26, 2012

USDCAD H1 Chart Update

There are 2 possible count for corrective wave..

1.) First is same count as show in above chart. ABC corrective waves(zigzag) are formed and we are in bull impulse waves.

2.) 2nd possible wave count, corrective zigzag waves are large wave W and we may see down movement for wave X and wave Y.