USDCAD H4 ABCD - simple as thatPotential AB=CD confluenced with low RSI(7) (actually very very low!) - I think somewhere here should be great time for bounce back. Limited support from S/R zones - couldn't find anything really strong. Also it should be noted that on higher timeframe there are some bigger correction 'objects' - one of them is 1.27 of ABCD of here - so there is some chance this fail, but still there will be another chance to enter trade on 1.27of AB (notice confluence with last bottom).
Have a great weekend!
Leszek
