USDCAD AB=CD

Ok Im just starting to learn this harmonic trading so don't beat me up too bad. I have a parallel channel where it appears that the legs AB=CD right at the fib retracement of .618 taken from the may 3d low to the 25 July high. Will look to go long @1.2944 after confirmation of a bounce off the .618 support line.
AB=CDFibonacciFibonacci RetracementHarmonic PatternsParallel Channel

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