Weekly Forecast Dollar/CAD

Price has moved down as expected but only to the trend line. Since then it has been creeping upward with the trend in line with the corrective structure on DXY. If we get the expected short break on the Dollar then look for a break of this trend line and a short trade set up.

I'll update my ideas as they develop
First rule of trading - Protect your capital

Anyone trying to learn Elliott Wave Theory can find a FREE comprehensive Building Blocks video course on my website. See my profile for the link.

You can also follow updates via twitter (link from my TV profile)

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck
Steve Nixon - logicfxtrading

코멘트:

Price movement as forecast although this pair are not moving as fast as some other major pairs.