palmerdsmith

Big move ahead on USD/CAD, awaiting confirmation

FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
We could see USD/CAD             either break through the structure/ fib support to meet the bottom of the trend line , or bounce off of the structure/ fib support to continue following the harmonic levels. Would love some input.
Comment: Taking a short position
Comment: Long position won, holding short, forming an ABCD correction from previous trend on 4h and daily, bearish on daily
Comment: poor analysis on my part, should've factored in underlying bullish trend
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