Here is my 4 Hour Count of the USD/CAD pair. A clear 5 waves down looks complete, which I think is the A of a Z in a triple 3 complex correction. Disappointing Canadian Employment Data has seen the US Dollar surge over the past hours, which has formed a very bullish looking candle, and the beginnings of what I expect will play out to be a 3rd wave of a zig-zag. I got long at 1.003 yesterday, and price is testing this level now in what appears to be a minor wave 2 pullback. I will be adding to my long position soon with minimal risk with a stop at 0.999. Expect a retracement to at least the 38.2% Fibonacci, which is also near the 4th wave extreme at around 1.03.
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