Hello traders , There are 2 scenarios for USDCAD in daily time frame . First scenario forecast a small uptrend as wave 'c' from wave 'e' from triangle .and second scenario forecast a downtrend Immediately .Anyway I expect a big down trend for USDCAD D1 and the difference is about a short uptrend ! but in my opinion scenario 1 is more possible and I expect a small uptrend !
Comment
Hello I think it is likely the wave -e- is ended now and down trend is starting
harmonicelliotwaveharmonicelliotwavesWave Analysis

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