usdcad. potential buy

A potential Harmonic Butterfly Pattern is setting up. The Potential Reversal Zone is formed by 1.272XA extension + 1.272ab=cd measurement + 2BC inversion.

Butterfly pattern becomes invalidated if price goes past 1.414XA extension. Butterfly targets are 0.382AD retracement and 0.618AD retracement.

Good luck.
Chart PatternsHarmonic PatternsTrend Analysis

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