USDCAD is showing a case of the Dejavu effect (See linked chart for the post on The Dejavu Effect).
1. We had a descending ABC correction
2. Once price broke out, we saw a bullish correction which resulted in an impulse
3. We had a minor bullish correction before the next big impulse
We are waiting for price to create a minor bullish correction before jumping in for the next big move up.
Goodluck and trade safe.
1. We had a descending ABC correction
2. Once price broke out, we saw a bullish correction which resulted in an impulse
3. We had a minor bullish correction before the next big impulse
We are waiting for price to create a minor bullish correction before jumping in for the next big move up.
Goodluck and trade safe.
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