USDCAD TEXTBOOK WXY-PATTERN SHOWS BIG FALL IS COMING
The chart says it all. 5 Wave impuls lower was followed by an impressive 10 month long textbook WXY correction pattern that is currently coming to an end.
Wait for the market to form a Lower High maybe around 1.3400 and enter a sell targeting the 1.25 lows.
Dont rush the entry, wait for it to form some kind of topping pattern on the 4H chart for example.
Note: on the montly chart there is a textbook spinning top forming. This is a very bearish topping pattern.
Wait for the market to form a Lower High maybe around 1.3400 and enter a sell targeting the 1.25 lows.
Dont rush the entry, wait for it to form some kind of topping pattern on the 4H chart for example.
Note: on the montly chart there is a textbook spinning top forming. This is a very bearish topping pattern.
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