USD/CAD formed a Japanese candlestick reversal pattern on Wednesday. Price could be about to fall in a large ABC or Measured Move price pattern.
A Head and Shoulders Top (bearish reversal pattern) appears to be forming on the USD/CAD daily chart. The pattern appears after an uptrend and is defined by three successive peaks, with the middle ...
The USD/CAD pair could potentially resume its upward movement as a falling wedge pattern suggests a bullish reversal signal. A break below the psychological 1.3500 level could lead the pair to test ...
USD/CAD might be seeing a bigger triangle correction unfolding within the higher-degree wave IV that has been in place since the beginning of 2016, after the higher-degree wave III found a top. We see ...
Elliott Wave analysis is different from other types of technical analysis, because it puts everything into context. No head & shoulders patterns just hanging there in space. No trading based solely on ...