U.S. Dollar / Canadian Dollar
Long
Updated

USDCAD .... Looking for a Reversal Bottom

Keep an eye on USDCAD which may reverse with oil weakness and DXY strength

We have a evolving Deep Crab Harmonic formation on the 1hr. together with aconfluence of 2 modified Schiff Pitchforks.

Deep Crabs sometimes extend to a 1.90 XA extension which is reflected in our stop placement.

Suggested targets are market.

Do your own DD.

S.
Note
This is why I wait for an entry spot rather than trying to pick a bottom:
snapshot

Disclaimer