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USDCAD - Probable Expanded Flat Pattern formation in Wave IV

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Dolar A.S. / Dolar Kanada (FX:USDCAD)  
ProficientForex  
FX:USDCAD   Dolar A.S. / Dolar Kanada
Harmonic Patterns Technical Indicators Wave Analysis USDCAD usdcadsignal usdcadidea pf-marketanalysis usdcadforecast usdcadprediction
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harmonicpatterns indicator waveanalysis usdcad usdcadsignal usdcadidea pf-marketanalysis usdcadforecast usdcadprediction
The structure of the downtrend which has been started from the range of 1.3420, has finished in the range of 1.2928 which is in the form of 3 waves. Given this trend, we will probably have a 5-wave uptrend in C-wave, which could be extended up to the target of 1.3523.
If the price crosses the range of 1.2928, this analysis will be violated. In case the price crosses the range of 1.3172, we can expect an uptrend forming hopefully.

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