Wolfe Waves - Rectangles, Follow Up CADCHF

This is a follow up to the analysis posted here, on 11th July. So far we have noticed that price has come out of the cloned rectangle from points 1 & 2. We infer that the peak has been formed and as such taking a short position is confirmed. In terms of target price, we have 0.89049, with the estimated date for arrival at the price being 17th of 18th July. For now, we'll have to wait until next week to see how this plays out.

CADCHF - Follow Up Wolfe Waves