Seems like there is still some juice left to reach the upper channel trendline
, where the wave counts complete. Before jumping long in USDCAD
, I would wait for this point to be reached and the Oil
changing it's course. USDCAD
is also at the boundary of it's own trend channel (analysis will follow), with a wedge
noticed at minor timeframe levels. Not the perfect time to enter long with this pair. Shall wait.