USDCAD has ran out of time cycle and starting to reverse. Prepare to jump in the short train....
This idea valid until price pass over the highest on 2017.08.15 (stoploss +10 pip on the highest that day).
USD CAD has stopped moving up and continue down cycle until 2nd week of 2017.Nov (or untill start of 2018.Feb if this is complex corretion). This idea is valid unless price pass the high of 2017.Oct.07.
Time to go long for USDCAD is end, the up trend is exhausted. There are some several keys:
- 78.6% ret with harmonic pattern (check my previous analyze)
- Down trend line will be the resistant, particular near zone 78.6%
This is time to analyze and prepare to jump the bearish train.