USDCAD. Possible wave count. Targets 1.4726-1.5349. Bull Flag

By aibek
Updated
This pair is breaking out of the corrective structure of wave 4 of (C), which in terms of patterns looks like a Bull Flag.
Target is located at the 0.5-0.618 of waves 1-3 within the orange box between the 1.4726-1.5349.
Nice profit to hunt.

All oil currencies listed in the related ideas would suffer from the oil weakness and it's not a big secret.
Comment
strong correlation with oil and lookie is diving earlier
snapshot
Bullish FlagCADChart PatternsloonieUCUSDCADWave Analysis

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