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USDCAD - Short with AWSOME Risk/Reward!

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US-Dollar / Kanadischer Dollar (OANDA:USDCAD)  
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OANDA:USDCAD   US-Dollar / Kanadischer Dollar
Trend Analysis Wave Analysis Beyond Technical Analysis USDCAD short riskreward
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trendanalysis waveanalysis beyondta usdcad short riskreward
We got an impulse down followed by a correction higher, meaning lower prices are coming.

Price is currently testing the 78.6% Fib level, if it holds, we should see an impulsive wave to the downside.

This count gets invalidated if goes above 1.3470
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We need to consider this alternate count, where wave E might have ended.
snapshot
Kommentar:
1H chart
snapshot
Kommentar:
Better than expected GDP data from Canada just send this pair down.
Move Stop to break-even at least
snapshot
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