Interesting setup for #USDCAD.
2 scenarios in the next few hours: if the price breaks the "little bullish channel now on 1.41 we can go short, if not we can wait for the Elliot wave (in the small channel) to be completed to go short from 1.44 area.
TP1 on 1.61% of Fibo 1.38480
TP2 on 2.61% of Fibo 1.332
When the big pattern will be confirmed on these TP we can go long to the 61% of the last swing.
2 scenarios in the next few hours: if the price breaks the "little bullish channel now on 1.41 we can go short, if not we can wait for the Elliot wave (in the small channel) to be completed to go short from 1.44 area.
TP1 on 1.61% of Fibo 1.38480
TP2 on 2.61% of Fibo 1.332
When the big pattern will be confirmed on these TP we can go long to the 61% of the last swing.
