#USDCAD Elliott Wave Analysis

We love triangles. Not because they're pretty, but because they stack the odds in our favor.

Price completed wave (5) of the larger impulse at the top. Now it's carving out a contracting triangle for wave ④. Four clean touches on the trendlines so far, and it's tightening with every swing.

Trading isn't about certainty, it's about probability. Triangles are one of the highest probability patterns we trade.

Once wave ④ finishes its final leg inside the triangle, the structure calls for a fresh impulsive push higher. We're watching the boundaries, not guessing the bottom.

Sit through the chop. That's what pays for the breakout.