USDCAD Short Opportunity: AB=CD and Butterfly Reversal Pattern

See chart for technical details. Be aware of economic events scheduled through to the end of the week (employment numbers from both countries, etc).
RSI (14) = 76.35

Kommentera:

A day later than I was anticipating, but what a nice reversal to end the week! Hoping for a continuation of this movement next week --- although today's change was quite sizable, so there may be some choppiness ahead.

Kommentera:

Target 1 achieved.