EWA of USDCAD PT2
Updated my wave count and have taken into consideration the bigger picture downtrend that was occurring. 
Went short at 1.37419. Aiming for the 200% level for TP level. This will more than likely be the initial S/R for the bottom of Wave 5. Waves 1 and 3 seem to be about equal at the moment, so Wave 5 has the possibility of being extended. Will update.
Went short at 1.37419. Aiming for the 200% level for TP level. This will more than likely be the initial S/R for the bottom of Wave 5. Waves 1 and 3 seem to be about equal at the moment, so Wave 5 has the possibility of being extended. Will update.
Trade closed: target reached
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