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LizzyD

USDCAD Short Opportunity: AB=CD and Butterfly Reversal Pattern

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
LizzyD Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
8
0
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
Comment:
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.
Comment:
Target 1 achieved.
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