Does anyone think that USDCAD could rise from current? Hmm...

My previous long-term idea was based on a fact that triangle could be broken down. Looks like there is good dynamics on it. However, we could see that a pullback has lost a dynamics so I do think that my previous idea is under a huge risk now. So I have tried to make an alternative forecast and see what could happens if USDCAD doesn't fall more.

Attention. It is not a setup or forecast. So, I really don't recommend anyone to trade based on it. Because I still believe that pullback can completes soon and price could falls further. Use this only as additional education analysis of how Channels, Harmonic and Double Top are working together.

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Looks to be invalid.

Transaction en cours

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sorry. looks to be invalid.

Transaction en cours:

If pair makes breakthrough of 1.33 upside... I long it.

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Is it right time to try to short a pair again?

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The dangerous asset. A rigorous risk management is mandatory.