I gave an analysis on this trade in the blog post, we have reached the end of wave B and the start of wave C I’m expecting wave C to end between 100% to 161.8% retracement of wave A. Wave C should be 5 waves down, so it should be easy to spot or I hope so. if you didn’t see the post in the blog check it out here.https://elliotwavemasters.com/aud-cad/.
updated chart, anyone can still enter on this trade before it becomes expensive. it looks like we are bullish for while. just ride the trend to heaven.
I got stopped out in this pair but I still maintain the bullish direction, I found another buying opportunity. just buy now and place ur stop loss below the start of wave 1.