USDCAD - Looking For Number 3 (The Dejavu Effect)

USDCAD is showing a case of the Dejavu effect (See linked chart for the post on The Dejavu Effect).

1. We had a descending ABC correction
2. Once price broke out, we saw a bullish correction which resulted in an impulse
3. We had a minor bullish correction before the next big impulse

We are waiting for price to create a minor bullish correction before jumping in for the next big move up.

Goodluck and trade safe.