The USD/CAD has just finished a 5 Wave formation followed by a ABC pullback and is now squeezing towards the upper part of the current range. I look for a break of the "B" which will signal a start of a new wave formation.
One could enter on that break or wait for the following pullback and enter to catch the 3rd wave.
One could enter on that break or wait for the following pullback and enter to catch the 3rd wave.