I SUCK AT MATH. YOU HAVE BEEN WARNED. DO YOU OWN CALCS.
That being said, you can rely on Bulkowski's tested probabilities for a Big W Pattern which suggests a 0.42% chance of a breakout. Projected target based upon Bulkowski calculations would be approximately $56.00.
Rumors suggest $60.00 that might be a possibility if breakout occurs.
A short retrace may occur with a bounce back. Who knows.
I'm not playing this, but looking for direction bias for USDCAD
Good luck Big W