1)AB=CD 2)GARTLEY PATTERN COMPLETION 3)TARGET 10520 AREA
After Gartley's Pattern completion last year, croud oil seems that targeting 74.76 level.
As we see crude-oil broke the resistance of 52.60. The next resistance is in 67-69 area. So the correction of loonie will continue till the 1.20 area
1.XABCD PATTERN TARGET (0.74271) 2.FIB 1.618 (0.74206) FROM WAVE A (ORTHOLOGICAL TOP 0.74937)
If it is, then the target is in 9830 area
The triangle ABCDE that started in 1997, completed last June.
120m timeframe