USDCAD is looking bearish and may slip to 1.22-1.2150 as it is forming wave 4 that seems to be a triangle, within C wave of a double zigzag pattern ABC. P.S: This content is for educational purposes and discussion. Good luck.
Trade active
Note
You still have a chance to short usdcad from 61.8% with a SL beyond wave E (1.2350).
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.