Did you see this Expanded Flat Pattern forming?

Deceptive in its moves, The Expanded Flat Pattern’s push to a new low (in which at first glance) appears to be a break-out to the downside from a triangle pattern. The triangle pattern is legit; It’s just that it has formed in Wave (B) of ((B)). Some call this a false break-out, while it never was intended to be, yet. Don’t get caught out there?

#USDCAD - Expanded Flat Pattern
$USD/CAD: 05/26/2020 – 05/29/2020 60 min chart

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