The reversal was strong and after a consolidation I will be looking for a buy continuation trade.
Updates will follow
I don't think this is over just yet, wait for a consolidation and THEN look to buy the continuation for wave C higher.
What I can say is that USDCAD is already a bit further in the process than EURCAD. However both EURCAD and USDCAD show a very clear structure with a consolidation to be in progress where I expect the final wave to be in progress (namely wave C).
Within such a consolidation both buy and sell trades will present themselves.
Once this consolidation is complete we can expect an incredible sell trade set-up.
But at all times trading is an IF=THEN process.