USDCAD: Expecting a running or Expanded flat as a bearish.

USDCAD: Expecting a running or Expanded flat as a bearish.

Market Commentary:

1. Once it reached the previous resistance I am looking for a short term bearish trend as I shown here for wave b) or X).

2. I correlated to other pairs such DXY AU Crude oil...it seems this view is possible

3. Wave b) or X)(blue) may be running flat or expanded flat to complete the wave Y) or C)(red).

DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS



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