AB=CD pattern triggered - Trend lines changed roles
In this week's newsletters (see link in signature) I mentioned that USDCAD will be hitting a strong resistance zone near 1.355-1.36.
For now we see that this resistance zone that includes trend lines (resistance) and an AB=CD pattern did create the expected reversal.
Now all that is left to see whether or not it'll hit the target zones - 1.34 and 1.33
For now we see that this resistance zone that includes trend lines (resistance) and an AB=CD pattern did create the expected reversal.
Now all that is left to see whether or not it'll hit the target zones - 1.34 and 1.33
Comment:
Re-testing the PRZ