IanMFX

USDCAD 4H ABCD within Daily Consolidation

FX:USDCAD   U.S. Dollar/Canadian Dollar
25 1 3
I See a possible ABCD pattern within the current consolidation on this pair 4H chart ? and better detailed on 1H. PRZ at arround 1.2740 or would possibly turn bearish near northern consolidation resistancem unless pair breaks to upside.
IanMFX
2 years ago
Well, despite the today's spike down of about 300 pips nearing the 2168 and 1618 retracement, note sure if it is just a momentary spike or a beginning toward bearish pair. Knowing that the US and CAD news affected this spike. We'll see.
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