Forex and S&P 500 charts. Primarily focused on Elliott Wave analysis yet all forms of technical analysis are appreciated.
Tuesday, December 6, 2011
USDCAD nearing end of B Wave. Higher Ahead?
USDCAD appears to be very near to completing a Wave B Green low. Given how close the 3rd wave of the current wave C came to the low of Wave A Green, this may develop as an expanded flat. Keep that in mind when placing stops.
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