USD/CAD - Thrust out of the triangle expected - Target at 1.3238

USD/CAD thrust out of the triangle expected - Target at 1.3238 

The thrust I have been looking for the last couple of days, now looks to be developing. We still need a break above the top of wave d at 1.2664 to confirm that the thrust out of the triangle is seen. Once the thrust is confirmed the target to look for is at 1.3238.

Short term support is found at 1.2568 and again at 1.2504. Only an unexpected break below 1.2403 will invalidate the bullish count. 

Thomas
2014-05-28
phenomenal new service EWS, I have followed you for 18 months and the exceptional analysis continues unabated! I look forward to the daily updates focusing on the most interesting and potentially lucr...
Duane
2014-08-29
Hey EWS,

Great work on the GBPCAD and the NZDCAD. These are the type of opportunities that I am looking for, monthly turns caught with daily or hourly entries. Easy money!!

Duane
JT
2014-06-23
Its been a pleasure over the years I have been following you and even better as a member the education you provide in my view is invaluable you can read books as I have but to see how you evolve your ...