USDCAD Consolidation to end soon which way? UP then Down or Down
USDCAD is consolidating at the top what looks like a 4th wave triangle. Possibility of make one final up move and then give a correction or will it start the correction by breaking the trendline/channel line straightaway. Either way the move is coming soon. One can position themselves either way with the breakout or breakdown from the triangle trendlines Although the upmove seems limited. Happy Trading!!