Introducing: USD/CAD H4,D1,W1 and Monthly Elliott Wave Count

Right now I'm stalking the end of the great green triangle breakout.

It looks like the current wave to the downside (A) is just the first leg of larger impulsive move and now  it is in corrective cycle. First leg of this cycle has been made as impulsive (but often including diagonals) wave 1 or A. Now the next step is to finish wave B in three waves of WXY progress before price will rebound and regain the momentum to the upside.

Levels to buy the USD/CAD in anticipation of impulsive momentum rebound are on chart.

Take care,
Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/introducing-usdcad-h4d1w1-and-monthly.html

EUR/USD H4 wave development idea (WDI)

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/eurusd-h4-wave-development-idea-wdi.html

Introducing: Silver XAGUSD Elliott Wave Count

Looks like silver futures is nicely bullish. Projected levels to finish current wave 3 is on chart.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/introducing-silver-xagusd-elliott-wave.html