(weekly) Engagement for the 3th wave?

FX:USDCAD   U.S. Dollar / Canadian Dollar

Safe Trades;

Monthly published Chart (10 months ago) ;)
Comment: at trend as support...


Your scenarios is entirely possible - and based on a sound assessment. There are different ways of looking at the markets and no one way is right. I tend to follow trends, though I have the respect for harmonic patterns.

From my perspective, the uptrend on the weekly and daily USDCAD is not over. If the harmonics take over, I'd love it - cuz I'd just follow the trend in a different direction.
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