DylanMorgan
Short

USDCAD Waiting for Short

FX:USDCAD   U.S. Dollar / Canadian Dollar
Wait for the completion of the 5th wave before going short on USDCAD             . Initial targets set at 1.17900 levels.
Comment:
USDCAD is looking for more price action towards the downside.
The 3 indications telling me that price will reverse are:
1: Broadening top pattern formation
2: 61.8% fib reached
3: Zero line crossover on MACD on Daily chart

Good luck trading everyone.
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