
USDCAD is a daily bullish pattern , but if the daily correction trend line breaks and rebounds, there are two cases.
The first can be a daily bullish pattern with a reversal structure, with the starting line being the weekly correction trend starting line. The second can be a W-X-Y pattern of a complex structure. That is, after reaching the weekly supply zone once more, it creates a weekly correction trend line to the right of the downtrend and becomes a pattern that can fall again. If it rises strongly in the weekly supply zone , it could be followed by a daily upward wave with the first one being extended. However, if the correction start line is broken, the above two will become invalid, and it will become a daily downward wave pattern. #OPINIONLEADER#
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