IF USD/CAD CAN BREAK BULLISH CHANNEL ITS GOOD OPPORTUNITY FOR SHORT
AFTER STRONG BEARISH CHART GOES ON ITS CORRECTION. I THINK TIME FOR CORRECTION IS OVER AND WE WAIT FOR NEW BEARISH CONDITION. IF MARKET BREAK HIS BULLISH CHANNEL ITS GOOD OPPORTUNITY FOR SHORT POSITION.
it seems move on bullish channel and any bearish is chance to take long position but should be careful because its ending diagonal pattern and we expect break out the channel in long term and change the direction as bearish
here has many reason for short : 1) wave 4 complete 2) price reach very strong resistance 3) 61.8 fibo 4)double top
price touch very strong resistance and reach pitchfork mid line
ACCORDING TO TIME ANALYSE ABCD PATTERN WILL COMPLETE IN 21 AUGUST. PRICE WILL REACH 78.6 FIBO AND 100 FIBO PROJECTION. THATS GOOD TIME FOR LONG.