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Lionheart-EWA
Jul 15, 2019 2:34 PM

6 - USDCAD - FX Majors | Reversal & Impulse | July 2019 

U.S. DOLLAR / CANADIAN DOLLARICE

Description

USD/CAD labeled within a Bearish Impulse of a larger degree, with the Extension in play and preparing.
Patterns:
- Minor 1 (red) - Impulse
- Minor 2 (red) - Sharp Correction
- Minute i (red) - Impulse
- Minute ii (red) - Expanding Flat
Huge sell-off would be expected to start unfolding within Minor 3 (red).

Comment

USDCAD could go bullish from here on WTI weakness ahead.

Comment

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