6 - USDCAD - FX Majors | Reversal & Impulse | July 2019
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).
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:
