watersthetrader

USDCAD Potential Finish of Sell Model - targeting 1.2000 level

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FX:USDCAD   Dólar Americano/Dólar Canadense
I'm looking at the Dollar Canadian Pair & I couldn't help but spot this Sell Model. I think in the next month or two we are going to complete this structure & ultimately reach for the 1.2000 level.

Earlier this year in June the Dollar CAD made a significant swing low after purging a Intermediate swing however the purging isn't complete in my opinion. If you understand turtle soups then will notice how incomplete the turtle which occurred in june.

I believe price will want to revisit that level again and create a lower low.

My 2 cents.

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