USD CAD
Hello friends
In currency pairs USD CAD we see the completion of a 5-wave pattern and the beginning of an ABC
Wave A and B or ABCDE triangle is formed
Wave B will usually retrace to the range of 50 to 76.8 Fibonacci
Therefore, in case of formation of a down trend, you can enter into a sell position
Therefore, if our theory is correct, wave C will start soon and it will descend to the range of 1.3580
Good luck
In currency pairs USD CAD we see the completion of a 5-wave pattern and the beginning of an ABC
Wave A and B or ABCDE triangle is formed
Wave B will usually retrace to the range of 50 to 76.8 Fibonacci
Therefore, in case of formation of a down trend, you can enter into a sell position
Therefore, if our theory is correct, wave C will start soon and it will descend to the range of 1.3580
Good luck
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