Price seems to have completed a confluence of various degrees 3-wave structure, and is ready for a move lower.
Should price respect the recent high at 1.3664, we can expect a massive fall in USDCAD in the weeks/months to come.
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
Should price respect the recent high at 1.3664, we can expect a massive fall in USDCAD in the weeks/months to come.
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
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