USDCAD Bullish Triangle Pattern
We have been dollar strong for a while now, we are trading in an impulse move so it's safe to say the bullish trend/ momentum will last for a while. We are in a 4th wave phase which is a triangle pattern, which is incomplete we still need to see wave D to E form.
A different view but still anticipating the same direction would be we are finished with wave 4 but we are now forming wave 5 as an ending diagonal pattern similar to the USDCHF chart.
A different view but still anticipating the same direction would be we are finished with wave 4 but we are now forming wave 5 as an ending diagonal pattern similar to the USDCHF chart.
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