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Hello!As long as we are in range of this big yesterdays 4H candle push up is possible BUT then my current count could be under question and break of 1,3711 is possible because all move up would be either abc or 123 and height is atm unpredictable, especially for 123; I am stil confident in my count and this yesterdays high treat as 3ED and expect retrace down at least to touch peak of 1ED @1,3568 BUT the question is when! In Daily TF TODAY low below 1,3505 is needed for daily fractal to form dai…
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USD/CAD expecting continuation upward.
During this quarter the instrument found support near 1.000 which is an important key price level and round number (1). In the first chart here below we also see the quarterly opening 1.0171 (2) and previous top 1.0341 (3). This current candle will close with the end of June so to better understand the whole situation I would consider the following chart showing the instrument in weekly timeframe: Still points '1-2-3' show us the quarterly low, open and previous high. In the chart it is very n…