Indeed. This pair has been doing so for a while anyway, with no evidence of a pivot. We are just continuing with the general trend here. Goals in green, invalidation in red. Not financial advice, do your own research.
Europeans are doing something right. Or is it just the speculators doing their magic? I don't know and it doesn't matter. Undergoing Subwave 4 now, looking for Fib Goals highlighted. Again, none of this is financial advice, do your own research.
CAD weighted index, Daily on the left, we have the general bearish structure (impulse + flag, although its a flat top triangle, the general wick directions point for a massive bearish move)
Weekly on the right, shooting star closure
I do believe CAD is about to lose a very serious amount of strength, unless we close above the trendline +flat top triangle on a...