FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is finishing a 4 wave extension at they end of a 5 wave impulse, in the form of a a bearish crab pattern. Harmonic patterns often show up in 4 wave extensions and are great trend reversal patterns. The CCI which is a leading indicator has already given a short entry with the trend break, and the 15m is confirming this short with a brearish pattern of its own as I showed on the 15m UCAD chart I just published. I will be looking to scale in and out twice on this trade moving stop down behind structure to safely lock in profits. Good luck :)


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