Hi guys those who watched my video probably remember me saying, 'I'm repeating myself, the USDCAD is lagging and I expect to see that third leg lower. The upside was limited as I explained. For those who are not in the short-trade yet, wait for a consolidation that confirms the move lower. My minimum target is still 1.26.
A note; as most of you know, I combine structure analysis and time analysis. In terms of 'time'; the minimum requirements of the correction on daily time frame have been completed. This means: there is a confirmed unique bullish wave on daily time frame which is over.