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astairwaytoprofit

USDCAD

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
astairwaytoprofit Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Wave Analysis Chart Patterns Harmonic Patterns
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waveanalysis chartpattern harmonicpatterns
When we are in correction mood, we cannot say clearly whether the converging BCDE triangle will break upwards - in most cases it does - or downwards. In conclusion, we expect to recognize signs of breakout.
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This pattern looks like an abc correction instead of an upward wave 123.
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forecast
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A possible pullback
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