QUICK UPDATE: USDCAD: Still In Consolidation. Expanding Triangle

Anybody looking to try to trade this pair needs to stay their hand! It is still in consolidation and is looking to complete an expanding triangle pattern. After which, we may see the wave 5 up. But for now, SIT ON YOUR HANDS!

WAVE COUNT
Just to remind everyone who reads my gibberish, I'm still holding to my wave count that says this pair still needs another push north before dropping in wave (c) down.

PATTERNS
That POSSIBLE Cypher is still looking valid and prices if going up in the wave 5, could still form it's C point before dropping. If it does, then the completion of the cypher will lead to a larger wave up to maybe complete the larger crab pattern.

MY TRADE PLAN
I am waiting for prices to complete that expanding triangle pattern leg E before deciding if I will take a LONG position to catch that wave 5 up. For now, still waiting....

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*DISCLAIMER:
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!

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