AUDCAD - ONE VERY CHOPPY PAIR HAS BEEN TAMED..I THINK

As we can see the pair has just possibly finished a Flat ABC correction (Wave 2), of what seems to be a new Cycle of motive waves to the upside. Therefore I'll be considering a Long position all the way up to the 141.4% - 161.8% extension of Wave 1.

Trade safe and implement your own due diligence before executing a trade.

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UPDATED VIEW

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getting ready for the move up - downward wedge in play