WolfofElCerrito

7/31/16 - USD/CAD - LONG - "ABC PATTERN COMPLETETION"

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
After capitulating last friday bulls are poised to take back some ground lost.

Overall my trend bias is bullish

My prediction is that price action will AT LEAST hit psychological level of 1.31000

Retrace a little bit and then sky rocket to a FIBONACCI CONFLUENCE
- MONTHLY 38.2% RETRACE
-1.271 FIBONACCI EXTENSION

Empty your mind, be formless. Shapeless, like water.
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