Last bear leg before huge rally

FX:USDCAD   U.S. Dollar / Canadian Dollar
117 3 1
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Sorry, but I can't follow you as we are in an intact upward channel. If this would be broen to the downside it would result in an end of the upward trend. So a downward correction, if any, should be not as deep and relatively soon end in a breakout to the upside earlier than you expected.
Yes. It seems likely. Failes to make it higher up...
Inverted h&s on weekly
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