USDCAD - Short with AWSOME Risk/Reward!

We got an impulse down followed by a correction higher, meaning lower prices are coming.

Price is currently testing the 78.6% Fib level, if it holds, we should see an impulsive wave to the downside.

This count gets invalidated if goes above 1.3470

Kommentera:

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Kommentera:

We need to consider this alternate count, where wave E might have ended.

Kommentera:

1H chart

Kommentera:

Better than expected GDP data from Canada just send this pair down.
Move Stop to break-even at least