USD/CAD short on Weekly M Pattern
On weekly, I see a large "M" which means a continuation of a downtrend. Here I have 2 ideas, I will trade the retracement of the 3rd impulse wave downward in that M. I was watching 1.305 but we have since broke below adding to my confirmation of M pattern my next target is 1.29 which marks the completion of weekly m pattern
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.